The Trans-Siberian Railroad

question 4

Multiple Choice

The Trans-Siberian Railroad

• A) was completed after the death of Stalin.
• B) travels through the far north of Siberia.
• C) intentionally bypasses cities.
• D) ends at Vladivostok.
• E) was extensively damaged by an earthquake in 2003.

---

Definitions:

Cost of Goods Sold

Cost of goods sold (COGS) is the direct costs attributable to the production of the goods sold in a company, including materials and labor costs.

Total Manufacturing Costs

The complete sum of expenses related to producing goods, including labor, materials, and overhead.

Cost of Goods Manufactured

The total cost incurred by a company to produce goods in a specific period, including materials, labor, and overhead.

Overhead Account

An accounting category used to record all indirect costs associated with the production process, such as utilities, rent, and administrative expenses.