Cost of goods manufactured

Build the statement of cost of goods manufactured and sold from inventories, materials, labor and overhead.

Company name

Start date

End date

Raw materials

Beginning raw materials inventory (IIMP)

Raw materials purchases (CMP)

Ending raw materials inventory (IFMP)

Production costs for the period

Direct labor (MOD)

Manufacturing overhead (CIF)

Work in process

Beginning work-in-process inventory (IIPP)

Ending work-in-process inventory (IFPP)

Finished goods

Beginning finished goods inventory (IIPT)

Ending finished goods inventory (IFPT)

Developed by Luis Ángel Meneses Cerón

Academic tool. It does not constitute financial advice or an investment recommendation.