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Smooth Electronics manufactures and sells a line of video. Unfortunately, Smooth Electronics suffered serious fire damage at its home office. As a result, the accounting

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Smooth Electronics manufactures and sells a line of video. Unfortunately, Smooth Electronics suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyed and completely jumbled. Smooth 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 fo lowing amounts: a. Cost of Goods Sold in October b. Beginning Raw Materals Inventory c. Eno ng Finished Goods Inventory Revenues in October $ 27.300 Work in process inventory. October 31. Raw materials inventory. October 31 Direct labor in October Manufacturing overhead in October Work in process inventory, October 1..... Finished goods inventory. October 1 $ s $ $ 0 Direct materials used in October Gross profit in October $ 12.900 Purchases of direct maten als n October 2.000 a. Find the Cost of Goods Sold in October Determine the cost of Goods Sold in October by completing the following table. Cost of goods sold b. Find the beginning Raw Materials Inventory. Determine the beginning Raw Materials Inventory by completing the following table. Beginning raw materials inventory Materials available for use 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 all answer boxes. For accounts with a $0 balance, make sure to enter "U" in the appropriate column.) Total manufacturing costs to account for I Cost of goods manufactured Now determine the Ending Finished Goods Inventory. Cost of goods available for sale Ending finished goods inventory

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