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If a company misclassifies a general, selling and adminstrative cost as a product cost in a period when production exceeds sales: company misclassifies a general,

If a company misclassifies a general, selling and adminstrative cost as a product cost in a period when production exceeds sales:
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company misclassifies a general, selling and administrative cost as a product c O net income will be overstated O total assets will be understated. O gross margin will be understated. O Both net income will be overstated and gross margin will be understated

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