Information from the Records of Island Timberlands Inc A)$36,000
B)$180,000
C)$636,000
D)$644,000

Information from the records of Island Timberlands Inc.for November is as follows: What is the net income for the month of November?
$\begin{array}{ll}\text { Sales } & \$ 820,000 \\\text { Selling and administrative expenses } & 140,000 \\\text { Direct materials purchases } & 176,000 \\\text { Direct labour } & 200,000 \\\text { Factory overhead } & 270,000\\\text { Direct materials, November } 1 & 24,000 \\\text { Work in process, November } 1 & 50,000 \\\text { Finished goods, November } 1 & 46,000 \\\text { Direct materials, November } 30 & 28,000 \\\text { Work in process, November } 30 & 56,000 \\\text { Finished goods, Novmeber 30 } & 38,000\end{array}$

A) $36,000
B) $180,000
C) $636,000
D) $644,000