Respuesta :
The following accounts would appear on a schedule of cost of goods manufactured- Depreciation of factory equipment
Explanation:
The cost of goods manufactured (COGM) schedule is used to calculate the cost of all the items produced during a given reporting period.
The cost of good manufactured schedule gives companies an idea about their production cost(i.e whether it is too high or low) in relation to the sales they are making
The formula to calculate the COGM is:
Add: Direct Materials Used
Add: Direct Labor Used
Add: Manufacturing Overhead
Add: Beginning Work in Process (WIP) Inventory
Deduct: Ending Work in Process (WIP) Inventory
= COGM
