ACCTG $203-$ SPRING $2025$

FINAL EXAM

Name $$

Fill in the circle on the Scantron answer sheet corresponding to the best answer for the following questions $(68$ Points$)$:

Cost of goods manufactured is equal to

a$.$ Direct Materials $+$ Direct Labor $-$ Overhead.

$($b$)$ Beginning Work in Process Inventory $+$ Total Manufacturing Costs $-$ Ending Work in Process Inventory.

c$.$ Beginning Work in Process Inventory $+$ Period Costs $-$ Ending Work in Process Inventory.

d$.$ Beginning Work in Process Inventory $+$ Product Costs.