1.

Use the following data to determine the cost of goods manufactured:

Beginning finished goods inventory	$	12,600
Direct labor used		32,400
Beginning work in process inventory		9,000
General and administrative expenses		15,300
Direct materials used		42,300
Ending work in process inventory		10,800
Indirect labor		8,100
Ending finished goods inventory		11,300
Indirect materials		15,300
Depreciationfactory equipment		9,300

2.

Current information for the Healey Company follows:

Beginning raw materials inventory	$	31,200
Raw material purchases		76,000
Ending raw materials inventory		32,600
Beginning work in process inventory		38,400
Ending work in process inventory		44,000
Direct labor		58,800
Total factory overhead		46,000

All raw materials used were traceable to specific units of product. Healey Company's cost of goods manufactured for the year is:

• $171,000.

• $176,600.

• $173,800.

• $179,400.

• $185,000.