Great Electronics manufactures and sells a line of radio Unf

Great Electronics manufactures and sells a line of radio Unfortunately, Great Electronics suffered serious fire damage at its home office. As a result, the accounting records for October were partially destroyed and completely jumbled. Great Electronics has hired you to help figure out the missing puzzle. Assume that the Raw Materials Inventory contains only direct materials. . Click the icon to view the amounts. Requirement Find the following amounts: a. Cost of Goods Sold in October b. pieces of the accounting Beginning Raw Materials Inventory c. Ending Finished Goods Inventory Materials available for use Direct materials used Ending raw materials inventory c. Find the Ending Finished Goods Inventory 11,100 8,000 $ 3,100 Before we can determine the missing amount for ending Finished Goods Inventory, we will first need to calculate the Cost of Goods Manufactured. (Complete all answer boxes. For accounts with a $0 balance, make sure to enter \"O\" in the appropriate column.) Total manufacturing costs to account for Cost of goods manufactured

Solution

C) Find ending finished goods inventory :

so ending finished goods inventory $5200

Beginning work in process		0
Direct material cost	8000
Direct labour	3400
Manufacturing overhead	6400	17800
Total manufacturing cost accounted for		17800
Less: Ending work in process		(1700)
Cost of goods manufactured		16100
Add: Beginning finished goods inventory		4700
Total goods available for sale		20800
Less: Cost of goods sold (27600-12000)		(15600)
Ending finished goods inventory		5200