The Following Information Is Available for Barnes Company for the Fiscal

question 142

Multiple Choice

The following information is available for Barnes Company for the fiscal year ended December 31:
$\begin{array}{llr} \text { Beginning finished goods inventory in units } &0\\ \text {Units produced } &4,800\\ \text { Units sold } &4,000\\ \text { Sales } &\$400,000\\ \text { Materials cost } &\$96,000\\ \text { Variable conversion cost used } &\$48,000\\ \text { Fixed manufacturing cost} &\$72,000\\ \text { Indirect operating costs (fixed) } &\$80,000\\\end{array}$

-
Cost of goods sold using absorption costing is:

• A) $246,667
• B) $120,000
• C) $180,000
• D) $40,000

---

Definitions:

Big Five Traits

A model outlining five broad dimensions of human personality: Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

Facets

Specific and distinct features or aspects of something, often referring to the smaller surfaces of a cut gem or to elements of a complex topic.

Dictionary Entries

Individual records in a dictionary containing information on the spelling, pronunciation, meaning, and sometimes the history of words.

Traits

Enduring characteristics or qualities that define an individual's personality.