cost of good sold

cost of good sold - beginning inventory Cost of Goods...

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COST OF GOODS SOLD Many times you are not given enough information to calculate Cost of Goods Sold right away. Therefore, one or more calculations may be needed first. Direct Materials, beginning inventory + Direct Materials Purchases Direct Materials Used in Production Direct Materials, ending inventory Direct Materials Used in Production + Direct Labor + Total Product Cost Manufacturing Overhead Total Product Cost + Work in Process,
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Unformatted text preview: beginning inventory Cost of Goods Manufactured Work in Process, ending inventory Cost of Goods Manufactured + Goods Available for Sale Finished Goods, beginning inventory Cost of Goods Sold Finished Goods, ending inventory Created by: Katherine Scherer Spring 2006 STUDENT LEARNING ASSISTANCE CENTER (SLAC) Texas State University-San Marcos Each value you calculate becomes the first line in the next values calculation....
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