Question: In 2016, Mandrake Motorcycles declared bankruptcy. Subsequently, it was determined that in fiscal 2015, the company produced more units than needed to fill pending orders.

In 2016, Mandrake Motorcycles declared bankruptcy. Subsequently, it was determined that in fiscal 2015, the company produced more units than needed to fill pending orders. The result was a substantial decrease in production cost per unit. The company uses the LIFO inventory method.
Required
Discuss how (or if) this information is consistent with the results of the analysis conducted in
Problem 14-10, parts a and b.

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