Ballard Company Makes Portable Speakers $\begin{array}{ll}\text { January } 1 & 1,260 \\\text { December } 31 & 1,040\end{array}$

question 65

Multiple Choice

Ballard Company makes portable speakers. During the year Ballard manufactured 100,000 sets of portable speakers. Finished goods inventory had the following units on hand:
$\begin{array}{ll}\text { January } 1 & 1,260 \\\text { December } 31 & 1,040\end{array}$
-Refer to the Figure.Suppose each set of portable speakers has a per-unit product cost of $112.What would be the cost of goods sold last year?

• A)$10,839,360
• B)$10,864,000
• C)$11,222,400
• D)$11,555,120

Learn the importance of cultural relativism in understanding diverse cultures.

Comprehend how symbols and gestures vary across cultures and their relevance in communication.

Identify the role of symbolic culture in society.

Grasp the significance of personal space as a cultural construct.

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Definitions:

Phishing

Online fraud in which criminals pretend to be legitimate companies by using e-mails or malicious websites that trick individuals and companies into providing useful information, such as bank account numbers, Social Security numbers, and credit-card numbers.

Identity Theft

The act of stealing another’s identifying information—such as a name, date of birth, or Social Security number—and using that information to access the victim’s financial resources.

Cyber Fraud

Fraud that involves the online theft of credit-card information, banking details, and other information for criminal use.

Unauthorized

Acting or being present without official permission or approval.