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Level 1

Solved

SCH C

1 reply
22 views

where do I expense out the cost of manufacture for cds. Not all cd made were sold in the year manufactured

Critter-3Answer

Level 15

If you manufacture CD's for sale then that is part of your inventory costs if you keep an inventory.

If the business makes less than a million dollars a year then you can expense all of the inventory purchased or manufactured as supplies if you wish.

Critter-3Answer

Level 15

If you manufacture CD's for sale then that is part of your inventory costs if you keep an inventory.

If the business makes less than a million dollars a year then you can expense all of the inventory purchased or manufactured as supplies if you wish.