In a manufacturing company,the cost of goods completed during the period would include which of the following elements?
A)Raw materials used.
B)Beginning finished goods inventory.
C)Marketing costs.
D)Depreciation of delivery trucks.
E)All of the abovE.

Question

Quizplus · Accepted Answer

The cost of goods completed includes raw materials used, as they are a direct cost of production. Beginning finished goods inventory, marketing costs, and depreciation of delivery trucks are not included in the cost of goods completed.

In a Manufacturing Company,the Cost of Goods Completed During the Period