Cost of goods manufactured
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Cost of goods manufactured is cost of goods brought to completion, whether they were started before or during the current accounting period. Cost poolA grouping of individual cost items.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Cost of goods manufactured. Cost of goods brought to completion, whether they were started before or during the current accounting period. Cost poolA grouping of individual cost items.