In cost of goods sold statement the cost of material consumed is-13624
In cost of goods sold statement, the cost of material consumed is equal to:
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Mid Term - Quiz No.3.
In cost of goods sold statement, the cost of material consumed is equal to:
Opening raw material inventory + Purchases – Ending raw material inventory
Opening raw material inventory - Purchases + Ending raw material inventory
Ending raw material inventory + Opening raw material inventory - Purchases
Ending raw material inventory + Opening raw material inventory + Purchases