The cost of goods manufactured equals beginning work in process inventory, plus the total manufacturing cost charged to jobs, plus ending work in process inventory.

Name: The cost of goods manufactured equals beginning work in process inventory, plus the total manufacturing cost charged to jobs, plus ending work in process inventory.
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Question

Quizplus · Accepted Answer

The cost of goods manufactured equals beginning work in process inventory, plus the total manufacturing cost charged to jobs, minus ending work in process inventory.

The Cost of Goods Manufactured Equals Beginning Work in Process