What Is the Term for the Cost of Units Completed

question 47

Multiple Choice

What is the term for the cost of units completed during a period?

• A)cost of goods sold
• B)cost of goods manufactured
• C)current manufacturing costs
• D)finished goods inventory cost

---

Definitions:

Cash Flows

The sum of funds flowing in and out of a company, particularly influencing its ability to cover short-term obligations.

Selling Price

The cost at which a service or item is sold to purchasers.

Required Rate of Return

The minimum annual percentage earned by an investment that will induce individuals or companies to put money into a particular security or project.

Dividend Yield

A financial ratio that indicates how much a company pays out in dividends each year relative to its share price.