Reference: 03-07
the Following Data Are for Potras Company -The Cost of Goods Sold Was?
A)$81,000

question 103

Multiple Choice

Reference: 03-07
The following data are for Potras Company:
$$\begin{array} { | l | l | l | } \hline & \text { Beginning } & \text { Ending } \\\hline \text { Finished goods inventory } & \$ 30,000 & \$ 40,000 \\\hline \text { Work in process inventory } & \$ 20,000 & \$ 13,000 \\\hline \text { Raw materials inventory } & \$ 21,000 & \$ 26,000 \\\hline \text { Purchases of raw materials } & \$ 71,000 & \\\hline \text { Factory depreciation } & \$ 5,000 & \\\hline \text { Other factory costs } & \$ 10,000 & \\\hline \text { Direct labour } & \$ 27,000 & \\\hline \text { Indirect labour } & \$ 6,000 & \\\hline \text { Selling expense } & \$ 12,000 & \\\hline \begin{array} { l } \text { Overapplied or underapplied } \\\text { overhead }\end{array} & - 0 - & \\\hline\end{array}$$
-The cost of goods sold was?

• A)$81,000.
• B)$91,000.
• C)$131,000.
• D)$111,000.

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Definitions:

Amplitude

The maximum extent of a vibration or oscillation, measured from the position of equilibrium.

Size Constancy

The perceptual understanding that an object's size does not change, despite variations in the distance from the observer, ensuring a consistent perception of size.

Frequency

The rate at which a vibration occurs that constitutes a wave, either in a material (as in sound waves) or in an electromagnetic field (as in radio waves and light).

Pitch

The perceived frequency of a sound, determining its musical note or tone.