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Perform the indicated operations and simplify.
Unadjusted Cost of Goods Sold
Unadjusted Cost of Goods Sold (COGS) is the initial calculation of all costs directly associated with the production of goods before any adjustments for inventory changes or other factors.
Journal Entry
A record in the accounting journal that represents a business transaction and its effect on the accounts.
Manufacturing Overhead
All indirect costs associated with the production process, from maintenance expenses of the production facility to the supplies needed for operation.
Work in Process
Goods that are midway through the manufacturing process but are not fully finished.
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