PLEASE HELP! Spring, 2019 35 points) Acct 222 Extra Credit (Ch1-8....
80.2K
Verified Solution
Question
Accounting
PLEASE HELP!
Spring, 2019 35 points) Acct 222 Extra Credit (Ch1-8. Problem 2. E2-35B Work backward to find missing amounts (S points) Swift Electronies manufactures and sells smartphones. Unfortunately, the company recently s a result, the accounting records for October were partially destroyed and completely jumbled. Swift has hired contains only direct materials. ure out the missing pieces of the accounting puzzle. Assume that Swit Electronics' Raw Materials Inventory 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 $1,900 $4,300 $3,300 $9,700 0 $27,500 S12,700 $8,800 $3,200 S6,300 Manufacturing overhead in October Requirement Find the following amounts: a. Cost of Goods Sold in October b. Beginning Raw Materials Inventory c. Ending Finished Goods Inventory

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.