QUESTION 14 Using the information below, calculate gross profit for the period: 29,000 Beginning Raw Materials Inventory 34,000 Ending Raw Materials Inventory Beginning Work in Process Inventory 63,000 Ending Work in Process Inventory 72,000 Beginning Finished Goods Inventory 88,000 Ending Finished Goods Inventory 75,000 Cost of Goods Sold for the period 580,000 Sales Revenues for the period 1,334,000 Operating Expenses for the period 272,000 $754,000 $1,062,000. O $767,000. $121,000 $482,000. QUESTION 15 Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory 30,600 Ending Raw Materials Inventory 70,600 Beginning Work in Process Inventory 40,600 Ending Work in Process Inventory 46,600 Beginning Finished Goods Inventory 72,600 Ending Finished Goods Inventory 68,600 Cost of Goods Manufactured for the period 246,600 $250,600 $290,600 OS $258,600 $246,600. QUESTION 16 Current information for the Healey Company follows: Beginning raw materials inventory 16,400 Raw material purchases $1,200 Ending raw materials inventory 17,800 Beginning work in process inventory 23,600 Ending work in process inventory 29,200 Direct labor 44,000 Total factory overhead 31,200 All raw materials used were traceable to specific units of product. Healey Company's direct materials used for the year is: $61,200 Os 577,600. $79,000. $62,600. QUESTION 17 The following information relates to the manufacturing operations of the JNR Printing Company for the year. Beginning Ending Raw materials inventory $ 51,000 $ 54,000 Finished goods 62,000 54,000 The raw materials used in manufacturing during the year totaled $112,000. Raw materials purchased during the year amount to $115,000. $112,000. $109,000. $120,000 $101,000