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If Cost of Goods Sold is greater than Cost of Goods Manufactured, then which of the following must be true: A) Total Manufacturing Costs must
If Cost of Goods Sold is greater than Cost of Goods Manufactured, then which of the following must be true: A) Total Manufacturing Costs must be greater than Cost of Goods Manufactured. B) Gross Margin will be greater than Contribution Margin. C) Finished Goods inventory has decreased during the period. D) Work in Process inventory has decreased during the period. E) Finished Goods inventory has increased during the period. Enter only the letter of the correct response in the space below (i.e. A, B, C, D, or E)
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