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Level 1
posted Oct 27, 2021 12:33:16 PM

SCH C

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

0 1 294
1 Best answer
Level 15
Oct 27, 2021 12:36:00 PM

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 Replies
Level 15
Oct 27, 2021 12:36:00 PM

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.