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the cost of the raw materials used in production during the year in thousands of 631752

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

Sales

$930

Raw materials inventory, beginning

$70

Raw materials inventory, ending

$40

Purchases of raw materials

$190

Direct labor

$150

Manufacturing overhead

$210

Administrative expenses

$90

Selling expenses

$120

Work in process inventory, beginning

$80

Work in process inventory, ending

$70

Finished goods inventory, beginning

$90

Finished goods inventory, ending

$140

Manufacturing overhead

$210

Administrative expenses

$90

Selling expenses

$120

Work in process inventory, beginning

$80

Work in process inventory, ending

$70

The cost of the raw materials used in production during the year (in thousands of

dollars) was:

A) $230

B) $220

C) $160

D) $260

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