The schedule of cost of goods manufactured is divided into four parts consisting of all of the following except:
A)Direct materials.
B)Computation of cost of goods sold.
C)Overhead.
D)Computation of cost of goods manufactured.
E)Direct labor.

Question

Quizplus · Accepted Answer

The schedule of cost of goods manufactured consists of four parts: direct materials, direct labor, overhead, and computation of cost of goods manufactured. The computation of cost of goods sold is a separate schedule that comes after the schedule of cost of goods manufactured.

The Schedule of Cost of Goods Manufactured Is Divided into Four