E2-23A (similar to) Delta Electronics manufactures and sells a line of smartphones. Unfortunately, Delta Electronics suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyedand completely jumbled. Delta Electronics has hired you to help figure out the missing pieces of the accounting puzzle. Assume that the Raw Materials Inventory contains only direct materials. (Click the icon to view the amounts.) Requirement Find the following amounts: a. Cost of Goods Sold in October b. Beginning Raw Materials Inventory c. Ending Finished Goods Inventory a. Find the cost of Goods Sold in October. Determine the cost of Goods Sold in October by completing the following table Revenues - X $ 27,000 15,000 Data Table Cost of goods sold $ 12,000 Gross Profit b. Find the beginning Raw Materials Inventory Determine the beginning Raw Materials Inventory by completing the following table 0 3400 Beginning raw materials inventory Ending raw materials inventory Materials available for use Purchases of direct materials Cost of goods manufactured Revenues in October.. $ 27,000 Work in process inventory, October 31 ... $ 1,700 Raw materials inventory, October 31. .... $ 3,400 Direct labor in October $ 3,500 Manufacturing overhead in October ..... $ 6,100 Work in process inventory, October 1.... $ 0 Finished goods inventory, October 1 ....$ 4,200 Direct materials used in October .... $ 8,700 Gross profit in October. $ 12,000 Purchases of direct materials in October $ 9,200 9200 Print Done Done