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Groovey Electronics manufactures and sells a line of smartphones. Unfortunatoly. Groovey Electronics suffered serious fire damage at its home office. As a result, the accounting
Groovey Electronics manufactures and sells a line of smartphones. Unfortunatoly. 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 pleces 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 Matorials 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. b. Find the beginning Raw Materials inventory. Determine the beginning Raw Materials inventory by completing the following table. Groovey Electronics m Groovey Electronics \$1 accounting records for Groovey Electronics hu acoounting puzzle. Ass materiats. Groovey Electronics manutactures and sells a line of smartphones. Unfortunately. a. Find the Cost of Goods Sold in October. Determine the Cost of Goods Sold in October by completing the following table. b. Find the beginning Raw Materials Inventory. Determine the beginning Raw Materials Inventory by completing the following table. Groovey Electronics manufactures and sells a line of smartphones. Unfortunately, (Click the icon to view the amounts.) c. Find the Ending Finished Goods Inventory. Before we can determine the missing amount for ending Finished Goods Inventory, we will first need to calculate the Cost of Goods Manufactured. (Complete alt input: fields. For accounts with a $0 balance, make sure to enter " O " in the appropriate column.) Groovey Electronics manufactures and sells a line of smartphones. Unfortunately, Now determine the Ending Finished Goods Inventary
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