FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Step 1: Introducing Cost of Goods Manufactured
SCHEDULE OF COST OF GOODS MANUFACTURED
Schedule Of Cost Of Goods Manufactured are those costs which are Directly or Indirectly Associated with the Production of the Goods.
Direct Cost & Indirect Cost Both are Included in Cost of Goods Manufactured.
Direct Cost Includes Direct Materials & Direct Labour. Manufacturing Overhead Includes all Indirect Cost & Factory Overhead Cost.
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