Current information for the Healey Company follows: Beginning raw materials inventory $ 15,900 Raw material purchases 67,000 Ending raw materials inventory 17,300 Beginning work in process inventory 23,100 Ending work in process inventory 28,700 Direct labor 46,300 Total factory overhead 30,700 All raw materials used were direct materials. Healey Company's total manufacturing costs for the year are: a. $137,000. (is not correct) b. $145,400. c. $142,600. d. $148,200. e. $148,100.

Cornerstones of Cost Management (Cornerstones Series)
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ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
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Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 22E: Ellerson Company provided the following information for the last calendar year: During the year,...
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tell me which is correct option and with reason why ?
tell me which are  incorrect option and with reason why ?!

Current information for the Healey Company follows:
Beginning raw materials inventory $ 15,900
Raw material purchases 67,000
Ending raw materials inventory 17,300
Beginning work in process inventory 23,100
Ending work in process inventory 28,700
Direct labor 46,300
Total factory overhead 30,700
All raw materials used were direct materials. Healey
Company's total manufacturing costs for the year are:
a. $137,000. (is not correct)
b. $145,400.
c. $142,600.
d. $148,200.
e. $148,100.
Transcribed Image Text:Current information for the Healey Company follows: Beginning raw materials inventory $ 15,900 Raw material purchases 67,000 Ending raw materials inventory 17,300 Beginning work in process inventory 23,100 Ending work in process inventory 28,700 Direct labor 46,300 Total factory overhead 30,700 All raw materials used were direct materials. Healey Company's total manufacturing costs for the year are: a. $137,000. (is not correct) b. $145,400. c. $142,600. d. $148,200. e. $148,100.
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