In a company that uses process costing,the cost of goods manufactured is equal to:
A)total production costs added during the period.
B)total production costs accounted for.
C)the cost of goods completed in the period.
D)the cost of ending work in process at the end of the period.

Question

Quizplus · Accepted Answer

The cost of goods manufactured in a company using process costing is equal to the cost of goods completed in the period, as it represents the total cost of products that are fully processed and ready for sale.

In a Company That Uses Process Costing,the Cost of Goods