The cost of goods manufactured for a fiscal period is reported on:

Question

Quizplus · Accepted Answer

The cost of goods manufactured is reported on the statement of cost of goods manufactured, which provides details on all costs incurred during the production process. It is also reported on the income statement as cost of goods sold, which represents the cost of goods sold during the fiscal period. Therefore, the correct answer is choice C, as it indicates that the cost of goods manufactured is reported on both the statement of cost of goods manufactured and the income statement.

The Cost of Goods Manufactured for a Fiscal Period Is