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E2-23A (similar to) Question Help Theta Electronics manufactures and sells a line of video. Unfortunately, Theta Electronics suffered serious fire damage at its home office.
E2-23A (similar to) Question Help Theta Electronics manufactures and sells a line of video. Unfortunately, Theta Electronics suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyed and completely jumbled. Theta 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. Requirement Find the following amounts: a. Cost of Goods Sold in October b. Beginning Raw Materials Inventory c. Ending Finished Goods Inventory (Click the icon to view the amounts.) Data Table S 27,800 S 1,400 ....S3,100 S 3,400 S 6,100 Revenues in October Work in process inventory, October 31 Raw materials inventory, October 31 Direct labor in October Manufacturing overhead in October Work in process inventory, October 1 Finished goods inventory, October 1 Direct materials used in October . .. . $ Gross profit in October Purchases of direct materials in October ...S a. Find the Cost of Goods Sold in October Determine the Cost of Goods Sold in October by completing the following table Cost of goods sold 4.100 8,200 9,800 Print Done
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