Of the following four cost categories, the sum of which pairs should be equal?
1) Beginning Inventory
2) Costs added this period
3) Ending Inventory
4) Cost of Goods Manufactured
A) 1 + 2 = 3 + 4
B) 2 + 3 = 4 + 1
C) 3 + 1 = 2 + 4
D) All of the above are correct.
E) None of the above are correct.
Correct Answer:
Verified
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