Selected financial information for Greek Food Producers is presented in the following table (000s omitted)....
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Accounting
Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory $310 Ending raw materials inventory $240 Direct labor $340 Operating expenses $690 Purchases of direct materials $410 Beginning work in process inventory $380 Ending work in process inventory $600 Sales revenue $4500 Manufacturing overhead $820 Beginning finished goods inventory $290 Ending finished goods inventory $260 What was operating income? $2960 $2360 $4500 $3740
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