If the cost of goods sold is greater than the cost of goods manufactured, then: Question 5 options: work in process inventory has decreased during the period. finished goods inventory has increased during the period. total manufacturing costs must be greater than cost of goods manufactured. finished goods inventory has decreased during the period.
Added by Juan Francisco Z.
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- COGS represents the cost of the products sold during a specific period. - COGM represents the total cost of manufacturing the products that were completed during the same period. - The relationship between COGS and COGM can be influenced by changes in inventory Show more…
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