Smooth Sounds manufactures and sells a new line of MP 3 players. Unfortunately, Smooth Sounds suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyedlong dashand completely jumbled. Smooth Sounds has hired you to help figure out the missing pieces of the accounting puzzle. Assume that Smooth Sounds' raw materials inventory contains only direct materials.

Work in process inventory, October 31. . . . .$2,000

Finished goods inventory, October 1 . . . . . .4,300

Direct labour in October . . . . . . . . . . . . . . .3,300

Purchases of direct materials in October. . . .9,100

Work in process inventory, October 1. . . . . .0

Revenues in October . . . . . . . . . . . . . . . . . .32,000

Gross profit in October . . . . . . . . . . . . . . . . .17,000

Direct materials used in October . . . . . . . . .8,500

Raw materials inventory, October 31. . . . . .3,200

Manufacturing overhead in October . . . . . .6,900

Requirement a. Find the cost of goods sold in October.

Determine the cost of goods sold in October by completing the following table. (Enter in the knownamounts, then determine the missingamounts.)

Revenues = ?

Cost of goods sold = ?

Gross profit = ?

Requirement b. Find the beginning raw materials inventory.

Determine the beginning raw materials inventory by completing the following table. (Enter in the knownamounts, then determine the missingamounts.)

Beginning raw materials inventory

Purchases of direct materials = ?

Available for use = ?

Ending raw materials inventory = ?

Direct materials used = ?

Requirement c. Find the ending finished goods inventory.

Before we can determine the missing amount for ending finished goodsinventory, we will first need to calculate the cost of goods manufactured. (For accounts with a$0 balance, make sure to enter"0" in the appropriatecolumn.)

Beginning work in process inventory

Direct materials used = ?

Direct labour = ?

Manufacturing overhead = ?

Total manufacturing costs to account for = ?

Ending work in process inventory = ?

Cost of goods manufactured = ?

Now determine the ending finished goods inventory. (Enter in the knownamounts, then determine the missingamounts.)

Beginning finished goods inventory

Cost of goods manufactured = ?

Cost of goods available for sale = ?

Ending finished goods inventory = ?

Cost of goods sold = ?

Enter any number in the edit fields and then continue to the next question.