Theta Electronics manufactures and sells a line of music. Unfortunately, Theta Electronics suffered serious fire...

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Accounting

Theta Electronics manufactures and sells a line of music. Unfortunately, Theta Electronics suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyed-and completely jumbled. Theta Electronics has hired you to help figure out the missing pieces of the accounting puzzle. Assume that the Raw Materials Inventory contains only direct materials.
View the amounts.
Read the requirement.
Total manufacturing costs to account for
Ending work in process inventory
Cost of goods manufactured
Now determine the Ending Finished Goods Inventory.
\table[[Beginning finished goods inventory],[Cost of goods manufactured],[Cost of goods available for sale],[Ending finished goods inventory],[Cost of goods sold]]
Amounts
Revenues in October. .............. $ 27,000
Work in process inventory, October 31dots$1,500
Raw materials inventory, October 31dotsdots3,000
Direct labor in October .............. $ 3,800
Manufacturing overhead in October .... $ 6,400
Work in process inventory, October 1... $ 0
Finished goods inventory, October 1... $ 4,000
Direct materials used in October ...... $ $ $,200
Gross profit in October ............. $ 12,800
Purchases of direct materials in October $,9,600
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