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A night's entertainment in London a few hundred years ago may have included peering
at the inmates at the local asylum.
Adjusted Cost of Goods Sold
The cost of goods sold figure after it has been adjusted for returns, allowances, and any other adjustments.
Unadjusted Cost of Goods Sold
The initial calculation of the cost of goods sold that does not factor in any adjustments like returns or allowances.
Unadjusted Cost of Goods Sold
The initial calculation of the cost of products sold before any adjustments or corrections are made.
Total Manufacturing Cost
The aggregate of all costs—direct materials, direct labor, and manufacturing overhead—incurred in producing finished goods.
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