Question

A manufacturing firm's cost of goods manufactured is equivalent to a merchandising firm's: Multiple Choice Cost of goods sold. Cost of goods purchased. Cost of goods available. Beginning merchandise inventory. Ending merchandise inventory.

Answer 1

Answer: Cost of goods purchased

Explanation:

A manufacturing firm's cost of goods manufactured is equivalent to a merchandising firm's: Cost of goods purchased. Managerial accounting information: Involves gathering information about costs for planning and control decisions.