When preparing the cost of goods sold budget, ________. A. ignore the inventory costing method B. multiply units produced by the total projected cost per unit C. ignore balances in Finished Goods Inventory D. start by calculating the projected cost to produce each unit

While preparing the cost of goods sold budget, firstly, we have to determine the total cost of production by multiply units produced by the total projected cost per unit

Answer Link

ogechukwubenedict ogechukwubenedict · Answer 2 · 2020-03-31T03:07:52+02:00

Answer: D. start by calculating the projected cost to produce each unit

Explanation: Cost of goods sold as part of operating budget is defined as the direct expense or cost of the production for the goods sold by a business which includes such expenses as the cost of materials, labour and so on. In simpler terms, it displays the expenses a company incurs for producing a product/when finished inventory is sold. To calculate the cost of goods sold, an accountant start by calculating the projected cost to produce each unit.

When preparing the cost of goods sold​ budget, ________. A. ignore the inventory costing method B. multiply units produced by the total projected cost per unit C. ignore balances in Finished Goods Inventory D. start by calculating the projected cost to produce each unit

Respuesta :

Otras preguntas

When preparing the cost of goods sold budget, ________. A. ignore the inventory costing method B. multiply units produced by the total projected cost per unit C. ignore balances in Finished Goods Inventory D. start by calculating the projected cost to produce each unit