the following data in thousands of dollars have been taken from the accounting conti 459572

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

Sales

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the following data in thousands of dollars have been taken from the accounting conti 459572
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$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

15. The cost of goods sold for the year (in thousands of dollars) was

A. $650.

B. $670.

C. $500.

D. $540.

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