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Question 45 The three major cost components of a manufactured product are: Marketing, selling, and administrative costs. Indirect labor, indirect materials, and miscellaneous factory expenses.

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Question 45 The three major cost components of a manufactured product are: Marketing, selling, and administrative costs. Indirect labor, indirect materials, and miscellaneous factory expenses. Direct materials, direct labor, and factory overhead. Differential costs, opportunity costs, and sunk costs. General, selling, and administrative costs. Question 46 The total cost of goods completed during the accounting period for a manufacturer is called: Ending finished goods inventory. Total manufacturing costs Ending goods in process inventory. Cost of goods manufactured. Cost of goods sold. Question 47 A manufacturing firm's cost of goods manufactured is equivalent to a merchandising firm's: Cost of goods sold. Cost of goods purchased. Cost of goods available. Beginning merchandise inventory Ending merchandise inventory. Question 48 1 pts A manufacturing company has a beginning finished goods inventory of $14,600, raw material purchases of $18,000, cost of goods manufactured of $32.500, and an ending finished goods inventory of $17,800. The cost of goods sold for this company is: $21.200. $29,300 $32,500. $47,100 $27,600

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