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Which beginning and ending inventories appear on a cost of goods manufactured schedule? a. RM and WIP only b. WIP only c. RM only d.
Which beginning and ending inventories appear on a cost of goods manufactured schedule?
a.
RM and WIP only
b.
WIP only
c.
RM only
d.
RM, WIP and FG
The cost incurred in the past that is not relevant to any current decision is classified as a(n):
a.
Period cost
b.
Sunk cost
c.
Opportunity cost
d.
Differential cost
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