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Jason Blakley
on Nov 19, 2024

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The journal entry for cost of goods manufactured includes the costs of units that are partially completed.

Cost of Goods Manufactured

The total production cost of goods completed during a specific period, including labor, materials, and overhead.

Partially Completed

Refers to products or projects that are in process and not yet completed or ready for sale or final use.

  • Learn the appropriate journal entries for various manufacturing and costing transactions.
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Hasulik CharchyanNov 24, 2024
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