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Theta Electronics manufactures and sells a line of music. Unfortunately. Theta Electronics suffered serious fire damage at its BEB (Click the icon to view the

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Theta Electronics manufactures and sells a line of music. Unfortunately. Theta Electronics suffered serious fire damage at its BEB (Click the icon to view the amounts.) home office. As a result, the accounting records for October were partially destroyed and completely jumbled. Theta Requirement Find the following amounts: a. Cost of Goods Sold in October b. Beginning Raw Materials Inventory e. Ending Finished Goods Inventory ectronics has hired you to help figure out the missing pieces of the accounting puzzle. Assume that the Raw Materials Inventory contains only direct materials. a. Find the Cost of Goods Sold in October. Determine the Cost of Goods Sold in October by completing the following table. Revenues Cost of goods sold Gross Profit b. Find the beginning Raw Materials Inventory Determine the beginning Raw Materials Inventory by completing the following table. Data Table s 27,900 15,400 S 12,500 $ 27,900 Revenues in October Work in process inventory, October 31$ 1,500 Raw materials inventory, October 31S 3,200 Direct labor in October..pewwS 3,600 Manufacturing overhead in October. 6.200 Work in process inventory, October 1... Finished goods inventory, October 1 4,300 Direct materials used in OctoberS 8,100 Gross profit in October Purchases of direct materials in October...$ 9,100 Beginning raw materials inventory 2200 Materials available for use . 12,500 PrintDone

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