ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The basic structure of cost of goods sold generally consists of three major elements, namely?
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Inventory or inventory, Direct labor (direct labor cost), overhead costs (overhead cost)
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Inventory or inventory, Direct labor cost, HPP
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Direct labor (direct labor cost), HPP, Inventory
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COGS, Inventory, Final Inventory
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Explanation:
Detailed explanation-1: -The cost of goods sold (COGS) is the total cost of inventory that has been sold by a company. This figure is calculated by adding together the variable cost of materials, labor, and overhead associated with each unit of inventory sold.
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