In general, what comprises the bulk of the cost of goods sold?
A) Overhead
B) Materials
C) Electricity
D) Depreciation
E) Labor

Question

Quizplus · Accepted Answer

Materials typically comprise the largest portion of the cost of goods sold, as they are the direct costs associated with producing a product. Overhead, electricity, depreciation, and labor may also contribute to the cost of goods sold, but are typically not as significant as materials.

In General, What Comprises the Bulk of the Cost of Goods