Total manufacturing costs for the month on the statement of costs of goods manufactured equals:
A)variable costs + fixed costs + mixed costs.
B)work in process inventory - finished goods inventory.
C)cost of goods sold - cost of goods manufactured.
D)cost of raw material used + direct labor cost incurred + manufacturing overhead applied.

Question

Quizplus · Accepted Answer

Total manufacturing costs include the cost of raw materials used, direct labor costs incurred, and manufacturing overhead applied.

Total Manufacturing Costs for the Month on the Statement of Costs