What is the term for the cost of units completed during a period?
A)cost of goods sold
B)cost of goods manufactured
C)current manufacturing costs
D)finished goods inventory cost

Question

Quizplus · Accepted Answer

The term "cost of goods manufactured" refers to the total cost of all manufacturing activities for units completed during a period. This includes the costs of materials, labor, and overhead used in the production of goods.

What Is the Term for the Cost of Units Completed