Lindy Electronics manufactures and sells smartphones. Unfortunately, the company recently suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyed and completely jumbled. Lindy has hired you to help figure out the missing pieces of the accounting puzzle. Assume that Lindy Electronics’ Raw Materials Inventory contains only direct materials.

Work process inventory, October 31................................................................ $ 1,600

Finished goods inventory, October 1................................................................ $ 4,900

Direct labor in October..................................................................................... $ 3,500

Purchases of direct materials in October.......................................................... $ 9,700

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

Revenues in October......................................................................................... $ 27,200

Gross profit in October..................................................................................... $ 12,300

Direct materials used in October...................................................................... $ 8,200

Raw materials inventory, October 31................................................................ $ 3,600

Manufacturing overhead in October................................................................ $ 6,300

Requirement

Find the following amounts:

a. Cost of Goods Sold in October

b. Beginning Raw Materials Inventory

c. Ending Finished Goods Inventory