Question

Cost of goods manufactured formula? ​

Answer 1

Answer:  

The cost of goods manufactured equation is calculated by adding the total manufacturing costs; including all direct materials, direct labor, and factory overhead; to the beginning work in process inventory and subtracting the ending goods in process inventory.

Answer 2

Answer:

The cost of goods manufactured equation is calculated by adding the total manufacturing costs. The equation calculates the manufacturing costs incurred with the goods finished during a specific period.