Question

Which of the following are sections of the Schedule of Cost of Goods Manufactured?

a. Direct Labor
b. Direct Materials
c. Factory Overhead
d. Cost of Goods Manufactured
e. Cost of Goods Sold
f. Net Income

Answer 1

a. Direct Labor

b. Direct Materials

c. Factory Overhead

d. Cost of Goods Manufactured

Step-by-step explanation:

Costs of Goods Manufactured Schedule records the total of manufacturing costs only. So, consider all costs related to manufacturing process for this question.