Question

Current information for the Healey Company follows:
Beginning raw materials inventory $15,200
Raw material purchases 60,000
Ending raw materials inventory 16,600
Beginning work in process inventory 22,400
Ending work in process inventory 28,000
Direct labor 42,800
Total factory overhead 30,000

All raw materials used were traceable to specific units of product. Healey Company's Cost of Goods Manufactured for the year is:
A.$125,800.
B.$128,600.
C.$131,400.
D.$137,000.
E.$139,000.

Answer

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