Current Information for the Healey Company Follows All Raw Materials Used Were Traceable to Specific Units of |

question 15

Multiple Choice

Current information for the Healey Company follows: $$\begin{array} { l | r } \text { Beginning raw materials inventory } & \$ 15,200 \\\hline \text { Raw material purchases } & 60,000 \\\hline \text { Ending raw materials inventory } & 16,600 \\\hline \text { Beginning work in process inventory } & 22,400 \\\hline \text { Ending work in process inventory } & 28,000 \\\hline \text { Direct labor } & 42,800 \\\hline \text { Total factory overhead } & 30,000\end{array}$$ All raw materials used were traceable to specific units of product.
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All raw materials used were traceable to specific units of product. Healey Company's Cost of Goods Manufactured for the year is:

• A) $125,800.
• B) $128,600.
• C) $137,000.
• D) $139,000.
• E) $131,400.

Be aware of the regulatory environment and the requirements for margin trading.

Grasp the concept of return on investment in margin trading scenarios.

Recognize the function and importance of the primary and secondary markets in the trading of securities.

Understand the role and functions of specialists in stock exchanges.