Reference no: EM132509802

Smooth Sounds manufactures and sells a new line of MP 3 players.? Unfortunately, Smooth Sounds suffered serious fire damage at its home office. As a? result, the accounting records for October were partially destroyedlong dashand 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. . . . .$2,000

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

Direct labour in October . . . . . . . . . . . . . . .3,300

Purchases of direct materials in October. . . .9,100

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

Revenues in October . . . . . . . . . . . . . . . . . .32,000

Gross profit in October . . . . . . . . . . . . . . . . .17,000

Direct materials used in October . . . . . . . . .8,500

Raw materials inventory, October 31. . . . . .3,200

Manufacturing overhead in October . . . . . .6,900

Question 1: Find the cost of goods sold in October.

Determine the cost of goods sold in October by completing the following table. ?(Enter in the known? amounts, then determine the missing? amounts.)

Question 2: Find the beginning raw materials inventory.

Determine the beginning raw materials inventory by completing the following table. ?(Enter in the known? amounts, then determine the missing? amounts.)

Question 3: Find the ending finished goods inventory.

Before we can determine the missing amount for ending finished goods? inventory, we will first need to calculate the cost of goods manufactured. ?(For accounts with a? $0 balance, make sure to enter? "0" in the appropriate? column.)