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October 27, 2021
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SCH C

  • October 27, 2021
  • 1 reply
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where do I expense out the cost of manufacture for cds. Not all cd made were sold in the year manufactured

    Best answer by Critter-3

    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.  

    1 reply

    Critter-3
    Critter-3Answer
    Level 15
    October 27, 2021

    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.