When calculating the costs of level production,it should be remembered that cumulative inventory-which is the sum of It over time-is the measure of actual stock on-hand.During a period of time when demand continuously exceeds supply,this net stock on-hand cannot fall below zero.

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The Answer of When calculating the costs of level production,it should be remembered that cumulative inventory-which is the sum of It over time-is the measure of actual stock on-hand.During a period of time when demand continuously exceeds supply,this net stock on-hand cannot fall below zero.

When Calculating the Costs of Level Production,it Should Be Remembered