Answer the Following Questions Using the Information Below -What Is Cost of Goods Manufactured for 2018?
A)$283 000

question 20

Multiple Choice

Answer the following questions using the information below:
$\begin{array}{lr}\text { Beginning finished goods, } 1 / 1 / 2018 & \$ 80000 \\\text { Ending firished goods, } 12 / 31 / 2018 & 67000 \\\text { Cost of goods sold } & 270000 \\\text { Sales revenue } & 500000 \\\text { Operating expenses } & 145000\end{array}$
-What is cost of goods manufactured for 2018?

• A)$283 000
• B)$257 000
• C)$230 000
• D)$355 000

---

Definitions:

Goal Setting Process

The development of an action plan designed to motivate and guide a person or group toward a goal.

SMART Goal

A framework for setting goals that are Specific, Measurable, Achievable, Relevant, and Time-bound, enhancing clarity and tracking progress.

Ethics Test

A method or procedure used to evaluate the ethical standards or principles of individuals or situations.

Universal Principles

Fundamental and universally applicable laws or truths that guide behaviors and practices across various cultures and situations.