The beginning Finished Goods Inventory plus the cost of goods manufactured equals
A) ending finished goods inventory.
B) cost of goods sold for the period.
C) total work-in-process during the period.
D) cost of goods available for sale for the period.

Question

Quizplus · Accepted Answer

The beginning Finished Goods Inventory plus the cost of goods manufactured equals the cost of goods available for sale for the period. This is because it represents the total inventory that could potentially be sold during the period.

The Beginning Finished Goods Inventory Plus the Cost of Goods