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Mention True or False: (Marks 4) Cost of goods available for sale + FG ending inventory FG opening inventory = Cost of goods manufactured. Cost

Mention True or False: (Marks 4)

Cost of goods available for sale + FG ending inventory FG opening inventory = Cost of goods manufactured.
Cost of Goods Sold= Cost of goods available for sale FG Opening
Total WIP = Raw material available for use + Raw material ending -Direct Labor + FOH+WIP opening
Cost of Microchip used in calculator is period costs

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