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Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory $ 400$400 Ending raw materials inventory
Selected financial information for Greek Food Producers is presented in the following table (000s omitted).
Beginning raw materials inventory | $ 400$400 |
Ending raw materials inventory | $ 260$260 |
Direct labor | $ 410$410 |
Operating expenses | $ 700$700 |
Purchases of direct materials | $ 410$410 |
Beginning work in process inventory | $ 380$380 |
Ending work in process inventory | $ 610$610 |
Sales revenue | $ 4 comma 500$4,500 |
Manufacturing overhead | $ 730$730 |
Beginning finished goods inventory | $ 340$340 |
Ending finished goods inventory | $ 340$340 |
What was operating income?
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