University Of North Carolina At Charlotte Operations And Supply Chain Management Assignment Help - Raw materials

Question - The following data (in thousands of dollars) have been taken from the accounting records of Karlana
Corporation for the just-completed year.

Sales

$910
Raw materials, inventory, beginning

$80
Raw materials, inventory, ending

$20
Purchases of raw materials

$100
Direct labor

$130
Manufacturing overhead

$200
Administrative expenses

$160
Selling expenses

$140
Work in process inventory, beginning

$40
Work in process inventory, ending

$10
Finished goods inventory, beginning

$130
Finished goods inventory, ending

$150


8. The cost of the raw materials used in production during the year (in thousands of dollars) was

A. $180.
B. $120.
C. $160.
D. $40.

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