Redat a start up manufacturing company bookkeeper left suddenly leaving rather incom

Redat a start up manufacturing company bookkeeper left suddenly leaving rather incom

Redat a start up manufacturing company's bookkeeper left suddenly leaving rather incomplete

accounting records for the last month of his employment. You have been hired to sort out the puzzle. Assume Redat's raw materials inventory contains only direct materials. You have the following information available:

Work in process inventory, June 30	$6,400
Finished goods inventory, June 1	12,600
Direct labour in June	11,000
Purchases of direct material in June	14,600
Work in process inventory, June 1	2,900
Revenues in June	62,000
Gross profit in June	21,000
Direct materials used in June	17,300
Raw materials inventory, June 30	5,600
Manufacturing overhead in June	19,400

 

Find the following amounts:

A. Cost of goods sold in June.

B. Beginning raw materials inventory.

C. Ending finished goods inventory.