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

question 11

Multiple Choice

The following data (in thousands of dollars) have been taken from the accounting records of Karling Corporation for the year just ended.
$\begin{array}{|l|r|}\hline \text { Sales } & \$ 990 \\\hline \text { Raw materials inventory, beginning } & \$ 40 \\\hline \text { Raw materials inventory, ending } & \$ 70 \\\hline \text { Purchases of raw materials } & \$ 120 \\\hline \text { Direct labour } & \$ 200 \\\hline \text { Manufacturing overhead } & \$ 230 \\\hline \text { Administrative expenses } & \$ 150 \\\hline \text { Selling expenses } & \$ 140 \\\hline \text { Work-in-process inventory, beginning } & \$ 70 \\\hline \text { Work-in-process inventory, ending } & \$ 50 \\\hline \text { Finished goods inventory, beginning } & \$ 120 \\\hline \text { Finished goods inventory, ending } & \$ 160 \\\hline\end{array}$

-What was the net income (in thousands of dollars) for the year?

• A) $150.
• B) $200.
• C) $490.
• D) $250.

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Definitions:

Basal Ganglia

A group of structures in the brain that are involved in coordinating movement, as well as aspects of learning and emotion.

Globus Pallidus

A subcortical structure in the brain involved in the regulation of voluntary movement, part of the basal ganglia.

Indirect Pathway

A neural pathway in the brain that is involved in the regulation of movements, typically inhibiting or modulating motion.