Select the appropriate definition for each of the items listed below.
-Direct materials + direct labor + overhead
A)Work in process inventory
B)Finished goods inventory
C)Cost of goods sold
D)Cost of goods manufactured
E)Total manufacturing costs

Question

Quizplus · Accepted Answer

Total manufacturing costs include direct materials, direct labor, and overhead, which are all the costs directly involved in manufacturing a product.

Select the Appropriate Definition for Each of the Items Listed