Gamma 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. Gamma has hired you to help figure out the missing pieces of the accounting puzzle. Assume that Gamma Electronics’ Raw Materials Inventory contains only direct materials.

Requirement
Find the following amounts:
a. Cost of Goods Sold in October
b. Beginning Raw Materials Inventory
c. Ending Finished Goods Inventory

Transcribed Image Text:

Work in process inventory, October 31 Finished goods inventory, October 1. Direct labor in October. Purchases of direct materials in October. Work in process inventory, October 1 Revenues in October.......... Gross profit in October. Direct materials used in October.. Raw materials inventory, October 31.. Manufacturing overhead in October. $ 1,800 $ 4,400 $ 3,200 $ 9,300 0 $ 27,400 $ 12,100 $ 8,500 $ 2,900 $ 6,500