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This video from Commerce Specialist explains What is Statement of Cost of Goods Manufactured, How to prepare Statement of Cost of Goods Manufactured, what is statement of cost of goods sold, how to prepare the statement of cost of goods sold.
This video also explains the importance of preparing statement of cost of good manufactured, COGM, importance of COGS, importance of COS.
Important concepts like Prime Cost, Conversion Cost, Total cost etc has been explained.
This video is relevant for students of CMA, ACCA, CA, CIMA, CPA, CIA, B.Com & MBA, A & O Levels.
This video will also be of interest for those who are working as Management Accountants or Cost Accountants.
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