The total cost of obtaining materials for making products sold by a firm during the year is
A) cost of goods sold.
B) operating expense.
C) merchandise inventory.
D) net merchandise inventory.
E) administrative expense.

Name: The total cost of obtaining materials for making products sold by a firm during the year is A) cost of goods sold. B) operating expense. C) merchandise inventory. D) net merchandise inventory. E) administrative expense.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

cost of goods sold.

The Total Cost of Obtaining Materials for Making Products Sold