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DoveNinja763537 DoveNinja763537
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Cost of goods manufactured is

▸ recorded as a debit to the Cash or Accounts Receivable account.

▸ always the same amount as the total direct costs.

▸ also referred to as the Cost of Goods Sold.

▸ recorded as a debit to the Finished Goods Inventory account.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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mooltipasmooltipas
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