Question: Please answer within the hour 1a. A manufacturing company has a beginning finished goods inventory of $15,800, raw material purchases of $19,200, cost of goods

Please answer within the hour

1a. A manufacturing company has a beginning finished goods inventory of $15,800, raw material purchases of $19,200, cost of goods manufactured of $34,900, and an ending finished goods inventory of $19,000. The cost of goods sold for this company is:

$50,700.

$22,400.

$34,900.

$31,700.

$30,000.

1b. Use the cost information below for Ruiz Inc. to determine the total manufacturing costs incurred during the year:

Work in Process, January 1 $ 51,600
Work in Process, December 31 37,800
Direct materials used $ 13,300
Total manufacturing factory overhead 6,300
Direct labor used 27,300

$98,500.

$60,700.

$13,800.

$46,900.

$92,200.

1c. Current information for the Healey Company follows:

Beginning raw materials inventory $ 16,300
Raw material purchases 61,100
Ending raw materials inventory 17,700
Beginning work in process inventory 23,500
Ending work in process inventory 29,100
Direct labor 43,900
Total manufacturing factory overhead 31,100

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

$59,700.

$62,500.

$77,400.

$61,100.

$78,800.

1d. Current information for the Healey Company follows:

Beginning raw materials inventory $ 17,200
Raw material purchases 62,000
Ending raw materials inventory 18,600
Beginning work in process inventory 24,400
Ending work in process inventory 30,000
Direct labor 44,000
Total manufacturing factory overhead 32,000

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

$143,000.

$136,600.

$133,800.

$142,200.

$131,000.

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