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.

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.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 6PB: During the year, a company purchased raw materials of $77,321 and incurred direct labor costs of...

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