Groovey Electronics manufactures and sells a line of smartphones. Unfortunately, Groovey Electronics suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyed$-$and completely jumbled. Groovey 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.

$\backslash$table$[[$Revenues$,$$$,27,700],[$Cost of goods sold,,$15,300],[$Gross Profit,$$,12,400]]$

b$.$ Find the beginning Raw Materials Inventory.

Determine the beginning Raw Materials Inventory by completing the following table.

Beginning raw materials inventory

$$

$$

$q,$

Materials available for use

$$

Data table

$\backslash$table$[[$Revenues in October.......,$27,700],[$Work in process inventory, October $31$dots$$,1,600],[$Raw materials inventory, October $31$dots..$$,3,200],[$Direct labor in October $.....................,3,000],[$Manufacturing overhead in October $.....,6,100],[$Work in process inventory, October $1$dots.,$0],[$Finished goods inventory, October $1$dots.,$$4,400$