The Work-In-Process Inventory of the Rapid Fabricating Corp

question 15

Multiple Choice

The Work-in-Process Inventory of the Rapid Fabricating Corp.was $3,000 higher on December 31,2012 than it was on January 1,2012.This implies that in 2012

• A)cost of goods manufactured was higher than cost of goods sold.
• B)cost of goods manufactured was less than total manufacturing costs.
• C)manufacturing costs were higher than cost of goods sold.
• D)manufacturing costs were less than cost of goods manufactureD.

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Definitions:

Epidermis

The outermost layer of skin, providing a waterproof barrier and creating our skin tone, playing a crucial role in protecting the body.

Cells

The basic building blocks of all living organisms, capable of performing the essential functions of life.

Autoimmune Disorder

An autoimmune disorder occurs when the body's immune system mistakenly attacks healthy cells, tissues, or organs.

Silvery

Describes an object, substance, or color that resembles silver in appearance, often characterized by a shiny, metallic, and light grey hue.