Viva, Inc Has Provided the Following Information for the Year

question 219

Multiple Choice

Viva, Inc. has provided the following information for the year: $$\begin{array} { | l | r | } \hline \text { Cost of Goods Manufactured } & \$ 1,261,000 \\\hline \text { Beginning Balance - Finished Goods Inventory } & 99,000 \\\hline \text { Ending Balance - Finished Goods Inventory } & 85,000 \\\hline\end{array}$$ What is the cost of goods sold?

• A) $184,000
• B) $1,275,000
• C) $1,261,000
• D) $1,247,000

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Definitions:

Different Species

Distinct groups of organisms that are classified separately due to important differences in physical, genetic, or behavioral traits.

Embryology

The branch of biology dealing with the study of embryos and their development.

Common Descent

A principle of evolutionary biology that suggests all organisms on Earth are descended from a common ancestor.

Charles Darwin

The 19th-century naturalist who proposed the theory of evolution by natural selection, revolutionizing our understanding of life on Earth.