Yvonne is planning a coffee shop.The cost of producing the coffee should be included in the ________ section of the pro forma financial statement.
A)variable expense
B)amount of sales
C)cost of goods sold
D)operating expense

Question

Quizplus · Accepted Answer

The cost of producing the coffee should be included in the cost of goods sold section of the pro forma financial statement. This section includes all the direct costs associated with producing and selling the product or service, including the cost of materials, labor, and overhead.

Yvonne Is Planning a Coffee Shop