The Following Information Was Extracted from the Accounting Records of Lowe

question 45

Multiple Choice

The following information was extracted from the accounting records of Lowe Company: $$\begin{array} { l r } \text { Direct materials purchased } & \$ 80,000 \\\text { Direct material s used } & 76,000 \\\text { Direct manufacturing labor costs } & 10,000 \\\text { Indirect manufacturing labor costs } & 12,000 \\\text { Sales sal aries } & 14,000 \\\text { Other factory expenses } & 22,000 \\\text { Selling and administrative expenses } & 20,000\end{array}$$ The finished goods inventory was $0 at the beginning of the period and $30,000 at the end of the period.The cost of goods sold is _____.

• A)$90,000
• B)$113,000
• C)$139,000
• D)$147,000

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Definitions:

Openness to Experience

A dimension of personality that reflects the degree of intellectual curiosity, creativity, and preference for novelty and variety a person has.

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, and the desire to do a task well, often linked to high levels of achievement and organization.

Exercising and Diet

The combined practices of physical activity and nutritional management to improve or maintain health and fitness.

Facets

Different aspects or sides of a thing or concept, often used to describe the multiple dimensions of personality.