How is the total production for the period calculated?
A) Total production for the period = Sale of goods and/or services produced by the business - Change in inventory of finished manufactured goods and works in progress + Production capitalized
B) Total production for the period = Sale of goods and/or services produced by the business + Change in inventory of finished manufactured goods and works in progress + Production capitalized
C) Total production for the period = Sale of goods and/or services produced by the business - Change in inventory of finished manufactured goods and works in progress - Production capitalized
D) Total production for the period = Sale of goods and/or services produced by the business + (Change in inventory of finished manufactured goods and works in progress/Production capitalized)

Question

Quizplus · Accepted Answer

The Answer is B

How Is the Total Production for the Period Calculated