For a merchandising company, the cost of goods sold section of
the income statement contains purchases. In a manufacturing
company, purchases in the cost of goods sold section is replaced
with
Group of answer choices
Purchase of direct materials
Finished goods ending inventory
Cost of goods manufactured
Work-in-process
Direct labor goes on
Group of answer choices
the Balance Sheet
the Statement of Cost of Goods Manufactured
the Income Statement
Both B and C
Depreciation expense goes on
Group of answer choices
the Balance Sheet
the Statement of Cost of Goods Manufactured
the Income Statement
Both B and C
Office utilities used goes on
Group of answer choices
the Balance Sheet
the Statement of Cost of Goods Manufactured
the Income Statement
Both B and C
Group of answer choices
Purchase of direct materials
Finished goods ending inventory
Cost of goods manufactured
Work-in-process
Direct labor goes on
Group of answer choices
the Balance Sheet
the Statement of Cost of Goods Manufactured
the Income Statement
Both B and C
Depreciation expense goes on
Group of answer choices
the Balance Sheet
the Statement of Cost of Goods Manufactured
the Income Statement
Both B and C
Office utilities used goes on
Group of answer choices
the Balance Sheet
the Statement of Cost of Goods Manufactured
the Income Statement
Both B and C