Question

The sum of ending inventory and cost of goods sold is

Answer 1

Step-by-step explanation:

Under variable costing which of the following cost would be included in finished good inventory

Answer 2

The answer is: Total goods available

Step-by-step explanation:

Cost of goods sold (COGS) should include the cost of all the goods sold during the accounting period. The ending inventory is the value of how many goods were left unsold in a company's inventory.

When you add them up, you get the total value of the goods the company had available for sale during the accounting period.