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UnidentifiedClyde Company has provided the following data for the month of November:Inventories November 1 November 3 0 Raw materials . . . . . .

UnidentifiedClyde Company has provided the following data for the month of November:Inventories November 1 November 30 Raw materials ............ $17,000? Work in process ......... $14,000 $12,000 Finished goods.............? $9,000 Additional Data: Sales revenue ............................................. $102,000 Direct labor costs ....................................... $10,000 Manufacturing overhead costs .................. $12,000 Selling expenses ........................................ $14,000 Administrative expenses ........................... $16,000 Cost of goods manufactured ...................... $40,000 Raw materials purchases ........................... $10,00045. If the net operating income was $40,000, then the beginning finishedgoods inventory was: A) $22,000 B) $9,000 C) $42,000 D) $1,000

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