I need help and working out for these questions. Please to provide the best and accurate answer. 4. 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, theaccounting record for October were partially destroyed- and completely jumbled.Smooth Sounds has hired you to help figure out the missing pieces of the accountingpuzzle.Work in process inventory, October 31. $1,500Finished goods inventory, October 1...Direct labour in October.. ..Purchase of direct materials in OctoberWork in process inventory, October 1...Revenues in October....Accounts receivable, October 1....Gross profit in October...Accounts payable, October 1...Direct materials used in October...Accounts payable, October 31..Accounts receivable, October 31.Direct materials inventory, Oct. 31....Manufacturing Overhead in October.$3,0008,0005,2006,5003,0006,3004,3003,0009,000***27,0002,00012,000*****Required: Compute the following amountsi)ii)iii)iv)v)Manufacturing costsCost of goods manufactured in OctoberCost of goods sold in OctoberBeginning direct materials inventoryEnding finished goods inventory

The cost of goods manufactured statement includes the cost of goods are manufactured during the…

4. 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 record for October were partially destroyed- and completely jumbled. Smooth Sounds has hired you to help figure out the missing pieces of the accounting puzzle. k in process inventory, October 31. shed goods inventory, October 1... ct labour in October.... Accounts payable, October 1.. . Direct materials used in October.... Accounts payable, October 31. $1,500 $3,000 8,000 4,300 3,000 5,200

4. 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 record for October were partially destroyed- and completely jumbled. Smooth Sounds has hired you to help figure out the missing pieces of the accounting puzzle. k in process inventory, October 31. shed goods inventory, October 1... ct labour in October.... Accounts payable, October 1.. . Direct materials used in October.... Accounts payable, October 31. $1,500 $3,000 8,000 4,300 3,000 5,200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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