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Dimitry K., Esq.
Dimitry K., Esq., Attorney
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Whats the formula to find Cost of goods manufactured

Resolved Question:

Whats the formula to find Cost of goods manufactured?
Submitted: 5 years ago.
Category: Finance
Expert:  Dimitry K., Esq. replied 5 years ago.
Thank you for your question.

The correct answer to calculate Cost of goods manufactured has to be:

Adding direct labor, factory overhead, direct materials used, and beginning goods in process of being comple, and then subtracting ending goods in process of being complete.

Good luck.
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