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Dremmon Corporation reports the following information from the last fiscal year: Budgeted selling and administrative costs ( all fixed ) $ 4 5 , 5
Dremmon Corporation reports the following information from the last fiscal year:
Budgeted selling and administrative costs all fixed
$
Assume product costs are consistent between periods, and that all units in ending inventory were produced in the last fiscal year.
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d By how much did Dremmon's ending inventory balance decrease?
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