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

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