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EXERCISE 6-8 Deducing Changes in Inventories (L06-3] Parker Products Inc, a manufacturer, reported $123 million in sales and a loss of $18 million in its

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EXERCISE 6-8 Deducing Changes in Inventories (L06-3] Parker Products Inc, a manufacturer, reported $123 million in sales and a loss of $18 million in its annual report to shareholders. According to a CVP analysis prepared for management, the com- pany's break-even point is $115 million in sales. Variable Costing and Segment Reporting: Tools for Management Required: re- of the CVP analysis is correct, is it likely that the compa or remained unchanged during the year? Explain. decreased, or remaine

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