11) What is the outcome if the cost of goods sold is greater than the cost of goods manufactured? A) Finished goods inventory has increased during the period. B) Work-in-process inventory has decreased during the period. C) Total manufacturing costs must be greater than cost of goods manufactured. D) Finished goods inventory has decreased during the period. 12) The following data pertain to activity and utilities costs for two recent years: Year 2 110,000 Year 1 6,000 Activity Level in Units Utilities Cost $12,000 $9,000 Using the high-low method, what is the cost formula for utilities? A) $3,000 plus $3.00 per unit. B) $1.50 per unit. C) $4,500 plus $0.75 per unit. D) $1.20 per unit