If net operating income was $50,000 Then the beginning finished goods inventory was howmuch?

Use the following to answer the next two questions The Argyle Company has provided the following data for the month of November: Inventories November / November 30 Direct materials $15,000 Work in process .......... 12,000 10,000 Finished goods 7,000 $? Additional Data: Sales revenue $100,000 Direct labor costs 8,000 Manufacturing overhead costs ......... 10,000 Selling expenses .. 12,000 Administrative expenses .................. 13,000 Cost of goods manufactured ............ 30,000 Direct materials purchases 9,000 7. The ending direct materials inventory was: a. $11,000 b. $16,000 c. $9,000 d. $14.000 e. None of the above