The total cost of goods completed during the accounting period for a manufacturer is called:
A) Ending finished goods inventory.
B) Total manufacturing costs.
C) Ending goods in process inventory.
D) Cost of goods manufactured.
E) Cost of goods sold.

Question

Quizplus · Accepted Answer

Cost of goods manufactured is the total cost of goods completed during the accounting period.

The Total Cost of Goods Completed During the Accounting Period