Neef Corporation Has Provided the Following Data for Its Two

question 122

Multiple Choice

Neef Corporation has provided the following data for its two most recent years of operation:

-Which of the following statements is true for Year 2?

• A) The amount of fixed manufacturing overhead released from inventories is $12,000
• B) The amount of fixed manufacturing overhead released from inventories is $654,000
• C) The amount of fixed manufacturing overhead deferred in inventories is $12,000
• D) The amount of fixed manufacturing overhead deferred in inventories is $654,000

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