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

question 25

Multiple Choice

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


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

• A) $240.
• B) $190.
• C) $170.
• D) $250.

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Definitions:

Stroke

A medical condition characterized by sudden loss of brain function due to either a blockage or rupture of blood vessels in the brain.

Faces

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To articulate words or sounds in order to convey information, express ideas, or communicate with others.