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The cost of units finished but not sold at the end of the current period Work in process inventory Direct materials +direct labor + overhead
The cost of units finished but not sold at the end of the current period Work in process inventory Direct materials +direct labor + overhead Finished goods inventory The cost of units unfinished at the end of the current period Cost of goods sold Beginning finished goods inventory Cost of goods manufactured - Ending finished goods inventory Cost of goods manufactured (direct materials direct labor+overhead) +/- the change in work in process inventory from the beginning to the end of the current period Total manufacturing costs
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