For Fitter Snacker,the sum of direct materials,production overhead,and direct labor is the ____.
A) COGM - cost of goods manufactured
B) COGS - cost of goods sold
C) COGP - cost of goods produced
D) COGS - cost of goods shipped

Question

Quizplus · Accepted Answer

The sum of direct materials, production overhead, and direct labor is known as the Cost of Goods Manufactured (COGM), which represents the total production cost of goods completed during a specific period.

For Fitter Snacker,the Sum of Direct Materials,production Overhead,and Direct Labor