How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Dimitry K., Esq. Your Own Question
Dimitry K., Esq.
Dimitry K., Esq., Attorney
Category: Finance
Satisfied Customers: 41221
Experience:  NASD Licensed Rep, 1997-2001, Business Attorney
Type Your Finance Question Here...
Dimitry K., Esq. is online now
A new question is answered every 9 seconds

Whats the formula to find Cost of goods manufactured

Resolved Question:

Whats the formula to find Cost of goods manufactured?
Submitted: 6 years ago.
Category: Finance
Expert:  Dimitry K., Esq. replied 6 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.
Dimitry K., Esq. and other Finance Specialists are ready to help you