If the cost of goods manufactured during the period exceeds the cost of goods sold, the ending balance of Finished Goods Inventory account increased.

Name: If the cost of goods manufactured during the period exceeds the cost of goods sold, the ending balance of Finished Goods Inventory account increased.
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Question

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If the cost of goods manufactured is greater than the cost of goods sold, it means more goods were produced than sold, leading to an increase in the ending balance of the Finished Goods Inventory.

If the Cost of Goods Manufactured During the Period Exceeds