1-Nov 30-Nov Raw Materials $ 18,000 Find unknown Work in process 14,000

   14,000                         13,000
Finished goods                         Find unknown             8,000
Sales revenue                                                              105,000
Direct labor                                                                  10,000
Manufacturing overhead                                             12,000
Selling expenses                                                          17,500
Admin. Expenses                                                         20,000
Cost of goods manufactured                                       45,000
Raw materials purchased                                            11,500
Net income                                                                  30,500
A – What is ending raw materials?
B – What is beginning finished goods?
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