Which of the following statements is NOT correct? a Planning is the process of establishing goals and specifying how to achieve them. b Controlling is the process of gathering feedback on the plan to make sure that it is being properly executed or make changes if required. Decision making is the process of selecting a course of action from different alternatives. d Plans are always expressed in formal quantitative terms. Based on the following information from Maha Company at the end of the period; The Cost of Goods Manufactured was: Beginning Raw materials - $26,000 Ending Raw materials- $20,000 Raw Materials purchased- $459,000 Beginning Work in Process- $71,000 Ending Work in Process- $53,000 Direct Labor- $296,000 Applied Overhead- $188,000 Indirect materials included in overhead- $34,000 a a $933,000 b $986,000 C $ 915,000 d $955,000