Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

APICS Exam CPIM-BSP Topic 1 Question 105 Discussion

Actual exam question for APICS's CPIM-BSP exam
Question #: 105
Topic #: 1
[All CPIM-BSP Questions]

Which of the following factors is included in cost of goods sold?

Show Suggested Answer Hide Answer
Suggested Answer: A

Contribute your Thoughts:

Shelba
15 days ago
I bet the person who wrote this question is just trying to trick us. Cost of goods sold is like a secret code that only accountants can crack!
upvoted 0 times
...
Trinidad
16 days ago
Ooh, this one's tricky. I'm going to have to go with C - overhead. Can't imagine revenue or admin expenses being in there.
upvoted 0 times
...
Abraham
17 days ago
Standard cost? Really? I thought that was just for internal purposes, not part of the actual cost of goods sold.
upvoted 0 times
...
Ula
1 months ago
General and administrative expenses? Nah, that's not it. I'm going with C - overhead, that sounds more like it.
upvoted 0 times
Janine
2 days ago
Yeah, I'm pretty sure it's overhead as well. It makes more sense than general and administrative expenses.
upvoted 0 times
...
Lore
3 days ago
I agree, overhead is definitely included in cost of goods sold.
upvoted 0 times
...
Mitsue
13 days ago
Definitely not B - General and administrative expenses.
upvoted 0 times
...
Barbra
15 days ago
I'm going with C - Overhead.
upvoted 0 times
...
Darell
19 days ago
I think it's D - Standard cost.
upvoted 0 times
...
Darci
23 days ago
I think it's C - overhead too. General and administrative expenses don't seem right.
upvoted 0 times
...
...
Chery
2 months ago
Hmm, I'm pretty sure cost of goods sold doesn't include revenue. That would just be plain silly!
upvoted 0 times
Britt
9 days ago
C) Overhead
upvoted 0 times
...
Lewis
15 days ago
A) Revenue
upvoted 0 times
...
...
Arlene
2 months ago
I'm not sure, but I think D) Standard cost could also be included in cost of goods sold as it represents the expected cost of producing a unit of product.
upvoted 0 times
...
Johanna
2 months ago
I agree with Reuben, because overhead costs are directly related to the production of goods.
upvoted 0 times
...
Reuben
2 months ago
I think the answer is C) Overhead.
upvoted 0 times
...

Save Cancel