Smooth Sounds manufactures and sells a new line of MP3 players. Unfortunately, Smooth Sounds suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyed—and 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................................................... $ 1,500

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

Direct labour in October......................................................................... 3,000

Purchases of direct materials in October ................................................. 9,000

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

Revenues in October............................................................................... 27,000

Gross profit in October........................................................................... 12,000

Direct materials used in October............................................................. 8,000

Raw materials inventory, October 31...................................................... 3,000

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