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2. What are the ways of forecasting cost of sales?

a. cost of materials
b. cost of labor
c. cost of overhead
d. all of the choices​

1 Answer

10 votes

Answer:

d. all of the choices​

Step-by-step explanation:

Cost of Goods sold = Cost of material purchased + Conversion cost

And

Conversion cost hereby includes Direct labor cost and other production overheads directly attributable to the Goods sold.

So, The correct option is - d. all of the choices​

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