Which of the Following Equations Is Used to Calculate Cost

question 111

Multiple Choice

Which of the following equations is used to calculate cost of goods sold during the period?

• A) Beginning finished goods + cost of goods manufactured + ending finished goods.
• B) Beginning finished goods - ending finished goods.
• C) Beginning finished goods + cost of goods manufactured.
• D) Beginning finished goods + cost of goods manufactured - ending finished goods.
• E) Beginning finished goods + ending finished goods - cost of goods manufactured.