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What does the "cost of goods manufactured" include in the final accounts of a manufacturing entity?a)Only direct labor costs.b)Only the cost of raw materials used.c)Direct labor, direct materials, and manufacturing overheads.d)Sales and administrative expenses.Correct answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What does the "cost of goods manufactured" include in the final accounts of a manufacturing entity?a)Only direct labor costs.b)Only the cost of raw materials used.c)Direct labor, direct materials, and manufacturing overheads.d)Sales and administrative expenses.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the "cost of goods manufactured" include in the final accounts of a manufacturing entity?a)Only direct labor costs.b)Only the cost of raw materials used.c)Direct labor, direct materials, and manufacturing overheads.d)Sales and administrative expenses.Correct answer is option 'C'. Can you explain this answer?.

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