If a machine produced 400,000 widgits this year, but we received revenue for only 50,000 widgits this year, then a. We are going to show a loss because we had the costs of producing 350,000 more widgets than we sold. b. Inventory levels should be considerably lower at the end of the year because of this. c. According to the matching principle, the cost of producing the 400,000 widgits would be taken this year. d. Management would be held accountable for what happened to the other 350,000 widgits that were produced. e. Our costs for this year should include only the costs associated with the 50,000 that we sold.