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Parker Products, Incorporated is a manufacturer whose absorption costing income statement reported sales of $123 million and a net opereting loss of $18 million According

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Parker Products, Incorporated is a manufacturer whose absorption costing income statement reported sales of $123 million and a net opereting loss of $18 million According to A CVP analysis prepared for management, the company's break-even point is $115m llion in sales. Required: Assuming that the CVP analysis is correct, is it likely that the company's inventory level increased, decreased, or remained unchanged Asuired during the year? Increased Decreased Remained unchonged

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