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In a manufacturing company the cost of finish goods manufactured is equal to

In a manufacturing company the cost of finish goods manufactured is equal to
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Answer #1

In a manufacturing company, the cost of finished goods manufactured is equal to Total manufacturing cost + Work in process beginning inventory - Work in process ending inventory

Cost of goods manufactured = Total manufacturing cost + Work in process beginning inventory - Work in process ending inventory

Total manufactured cost is the sum total of direct material used, direct labor cost and factory overhead applied.

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