Reference:
the Following Data (In Thousands of Dollars) Have

question 29

Multiple Choice

Reference:
The following data (in thousands of dollars) have been taken from the accounting records of Karlist Corporation for the just completed year. $$\begin{array} { | l | r | } \hline \text { Sales } & \$ 800 \\\hline \text { Raw materials inventory, beginning } & \$ 60 \\\hline \text { Raw materials inventory, ending } & \$ 70 \\\hline \text { Purchases of raw materials } & \$ 180 \\\hline \text { Direct labour } & \$ 100 \\\hline \text { Manufacturing overhead } & \$ 190 \\\hline \text { Administrative expenses } & \$ 110 \\\hline \text { Selling expenses } & \$ 150 \\\hline \text { Work in process inventory, beginning } & \$ 70 \\\hline \text { Work in process inventory, ending } & \$ 80 \\\hline \text { Finished goods inventory, beginning } & \$ 120 \\\hline \text { Finished goods inventory, ending } & \$ 160 \\\hline\end{array}$$
-The net income for the year (in thousands of dollars) was:

• A)$190.
• B)$390.
• C)$130.
• D)$70.

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Definitions:

Mutation

A change in the DNA sequence within a gene or chromosome of an organism leading to the creation of a new character or trait.

Antennae

(sing., antenna) Sensory structures characteristic of some arthropod groups.

Segmentation Genes

Genes that determine the number and polarity of body segments in an embryo, playing a crucial role in the early development of many animals.

Body Organization

The hierarchical arrangement of biological structures from the simplest to the most complex, defining the anatomy and physiology of living organisms.