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What Is the Outcome If the Cost of Goods Sold

Question 1

Multiple Choice

What is the outcome if the cost of goods sold is greater than the cost of goods manufactured?


A) Work-in-process inventory has decreased during the period.
B) Finished goods inventory has increased during the period.
C) Total manufacturing costs must be greater than cost of goods manufactured.
D) Finished goods inventory has decreased during the perioD.

Correct Answer:

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