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    Introduction to Management Accounting Study Set 2
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    Exam 4: Cost Management Systems and an Introduction to Activity-Based Costing
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    If Ending Finished Goods Inventory Is Larger Than Beginning Finished
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If Ending Finished Goods Inventory Is Larger Than Beginning Finished

Question 101

Question 101

True/False

If ending finished goods inventory is larger than beginning finished goods inventory, then cost of goods sold is less than the sum of direct materials + direct labor + overhead.

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