On the cost of goods manufactured schedule the cost of goods manufactured agrees with the

Question

Quizplus · Accepted Answer

The cost of goods manufactured schedule shows the total cost of products that were completed and transferred from the Work in Process inventory to the Finished Goods inventory during the period. Therefore, the cost of goods manufactured represents the amount transferred from the Work in Process inventory to the Finished Goods inventory during the period, as stated in choice C. Choices A, B, and D do not accurately describe the cost of goods manufactured.

On the Cost of Goods Manufactured Schedule the Cost of Goods