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Statement I : Inventoriable costs are synonymous with manufacturing overhead. Statement II: Opportunity costs are potential benefits from one alternative and are synonymous with incremental
Statement I: Inventoriable costs are synonymous with manufacturing overhead.
Statement II: Opportunity costs are potential benefits from one alternative and are synonymous with incremental costs.
A. Only Statement I is True
B.Both Statements are True
C. Only Statement II is True
D. Both Statements are False
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