Current information for the healey company follows: beginning raw materials inventory $ 16,400 raw material purchases 61,200 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:

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)