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Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory $340 Ending raw materials inventory $280

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Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory $340 Ending raw materials inventory $280 Direct labor $360 Operating expenses $700 Purchases of direct materials $400 Beginning work in process inventory $390 Ending work in process inventory $640 Sales revenue $5,200 Manufacturing overhead $800 Beginning finished goods inventory $300 Ending finished goods inventory $290 What was operating income

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