Which of the Following Describes the Formula for Cost of Goods

Multiple Choice

Which of the following describes the formula for cost of goods manufactured?

A) Direct materials used plus direct labor plus overhead minus beginning inventory of work- in-process plus ending inventory of work- in -process
B) Direct materials used plus direct labor plus overhead plus beginning inventory of work- in- process minus ending inventory of work- in- process
C) Beginning inventory of raw materials plus purchases of raw materials less ending inventory raw materials
D) Beginning inventory of finished goods plus purchases of direct materials less ending inventory of finished goods