Question: If a net decrease is reported in the raw materials inventory account during the period, which of the following statements is always true? A. Indirect
If a net decrease is reported in the raw materials inventory account during the period, which of the following statements is always true?
A.
Indirect materials included in manufacturing overhead is greater than direct materials used.
B.
The cost assigned to units completed is greater than the total manufacturing costs added to production during the period.
C.
The cost of goods sold is greater than the cost of goods manufactured during the period.
D.
The cost assigned to units sold is greater than the total manufacturing costs added to production during the period.
E.
Raw materials used in production is greater than raw materials purchased during the period
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