Cost of goods manufactured equals the cost of indirect materials used in production. the product cost of goods completed during the current period. the period costs for the current period. the cost of direct materials and direct labor used during the current period. QUESTION 7 Cost of goods sold represents all costs associated with research, development, and general administration of the organization. is found on the Balance Sheet. is the cost of the partially completed goods that are still on the factory floor at the end of the period. is the total product cost for the units sold during a period