ober by comple $ 27,900 15,900 $ 12,000 Beginning finished goods inventory Cost of goods available for sale Cost of goods manufactured Direct labor Direct materials used Ending raw materials inventory Ending work in process inventory Gross Profit Manufacturing overhead Purchases of direct materials Revenues Ending raw materials inventory ntory. ventory by cor 8400 3300 Materials available for use 11,700 9900 Purchases of direct materials 1800 Ending raw materials inventory i Data Table Work in process inventory, October 31. .... $ 1,100 Finished goods inventory, October 1 ....... $ 4,600 Direct labor in October ................. $ 3,800 Purchases of direct materials in October ... $ 9,900 Work in process inventory, October 1......$ 0 Revenues in October. .................. $ 27,900 Gross profit in October 12,000 Direct materials used in October .........$ 8,400 Raw materials inventory, October 31 .....$ 3,300 Manufacturing overhead in October .......$ 5,800 A Print Done Great Electronics manufactures and sells video. 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. Great has hired you to help figure out the missing pieces of the accounting puzzle. Assume that Great Electronics' Raw Materials Inventory contains only direct materials. .: (Click the icon to view the amounts.) Read the requirement. 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 27,900 15,900 12,000 Gross Profit $ b. Find the beginning Raw Materials Inventory. Determine the beginning Raw Materials Inventory by completing the following table. Beginning raw materials inventory 8400 Ending raw materials inventory 3300 Materials available for use 11,700 Purchases of direct materials _ 9900 Ending raw materials inventory 1800