Flow of manufacturing costs through the accounts. The following data relate to the activities of Hickory Industries during April:

April 1 April 30 Raw Materials Inventory $ 50,600 $ 54,400 Work-in -Process Inventory 156,200 153,800 Finished Goods Inventory 76,800 79,400 It incurred factory costs during the month as follows:

Raw Materials Purchased $182,600 Labor Services Received 144,800 Heat, Light, and Power 6,200 Depreciation 35,600 Other data relating to the month included the following:

Sales $525,000 Selling and Administrative Expenses 82,600

a. Calculate the cost of raw materials used during April.

b. Calculate the cost of units completed during April and transferred to the finished goods storeroom.

c. Calculate net income for April. The income tax rate is 40 percent.