17. Calculate the cost of goods sold using the followinginformation:

Direct materials used	$	298,700
Direct labor used		132,200
Factory overhead costs		264,200
General and administrative expenses		85,700
Selling expenses		49,000
Work in Process inventory, January 1		118,700
Work in Process inventory, December 31		126,100
Finished goods inventory, January 1		232,300
Finished goods inventory, December 31		238,900

1. $681,100.
2. $702,500.
3. $687,700.
4. $695,100.
5. $773,400.

22. current information for the Healey Company follows:

Beginning raw materials inventory	$	14,800
Raw material purchases		56,000
Ending raw materials inventory		16,200
Beginning work in process inventory		22,000
Ending work in process inventory		27,600
Direct labor		40,800
Total factory overhead		29,600

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

1. $119,400.
2. $127,800.
3. $125,000.
4. $130,600.
5. $133,800.

28. Bluebird Mfg. has received a special one-time order for15,000 bird feeders at $3.60 per unit. Bluebird currently producesand sells 75,000 units at $7.60 each. This level represents 80% ofits capacity. These bird feeders would be marketed under thewholesaler’s name and would not affect Bluebird’s sales through itsnormal channels. Production costs for these units are $4.40 perunit, which includes $2.55 variable cost and $1.85 fixed cost. IfBluebird accepts this additional business, the effect on net incomewill be:

1. $54,000 increase.
2. $15,750 increase.
3. $38,250 increase.
4. $12,000 decrease.
5. $38,250 decrease.