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The Following Data (In Thousands of Dollars) Have Been Taken

question 48

Multiple Choice

The following data (in thousands of dollars) have been taken from the accounting records of Karlana Corporation for the year just ended.
 Sales $910 Raw materials inventory, beginning $80 Raw materials inventory, ending $20 Purchases of raw materials $100 Direct labour $130 Manufacturing overhead $200 Administrative expenses $160 Selling expenses $140 Work-in-process inventory, beginning $40 Work-in-process inventory, ending $10 Finished goods inventory, beginning $130 Finished goods inventory, ending $150\begin{array}{|l|r|}\hline \text { Sales } & \$ 910 \\\hline \text { Raw materials inventory, beginning } & \$ 80 \\\hline \text { Raw materials inventory, ending } & \$ 20 \\\hline \text { Purchases of raw materials } & \$ 100 \\\hline \text { Direct labour } & \$ 130 \\\hline \text { Manufacturing overhead } & \$ 200 \\\hline \text { Administrative expenses } & \$ 160 \\\hline \text { Selling expenses } & \$ 140 \\\hline \text { Work-in-process inventory, beginning } & \$ 40 \\\hline \text { Work-in-process inventory, ending } & \$ 10 \\\hline \text { Finished goods inventory, beginning } & \$ 130 \\\hline \text { Finished goods inventory, ending } & \$ 150 \\\hline\end{array}



-What was the cost of the raw materials used in production (in thousands of dollars) during the year?


Definitions:

Profane

Not relating to that which is sacred or religious; secular.

Everyday World

The realm of daily life where individuals engage in routine activities and interactions.

Durkheim

Emile Durkheim, a foundational French sociologist, is known for his works on social solidarity, collective conscience, and the role of social integration in maintaining societal order.

Profane

That which is ordinary or not sacred, often referring to everyday objects and concerns outside the realm of the religious or holy.

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