Question

Current information for the Healey Company follows: Beginning raw materials inventory $ 14,500 Raw material purchases...

Current information for the Healey Company follows:

Beginning raw materials inventory $ 14,500
Raw material purchases 53,000
Ending raw materials inventory 15,900
Beginning work in process inventory 21,700
Ending work in process inventory 27,300
Direct labor 39,300
Total factory overhead 29,300


All raw materials used were traceable to specific units of product. Healey Company's total manufacturing costs for the year are:

Homework Answers

Answer #1
Raw Material used $       51,600
Direct Labor           39,300
Total factory overhead           29,300
Total manufacturing costs for the year $   1,20,200
Working:
Beginning raw material $       14,500
Add:Raw material purchases $       53,000
Less:Ending Raw material $       15,900
Raw Materials used $       51,600
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