10 ! Part 1 of 2 Required information Use the following information for the Exercises below. The following selected account balances are provided for Delray Mfg. 2.5 points eBook Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Factory supplies used (indirect materials) Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending $ 1,104,000 41,000 52,200 64,600 199,800 242,000 21,600 47,000 5,250 59,000 108,000 139,000 49,500 45,000 66,400 Print References Exercise 18-13 Prepare schedule of cost of goods manufactured LO P2 Prepare its schedule of cost of goods manufactured for the current year ended December 31. DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, Year 1 Direct materials Prepare its schedule of cost of goods manufactured for the current year ended December 31. Part 1 of 2 DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, Year 1 2.5 points Direct materials eBook Raw materials available for use 0 Direct materials used $ 0 Print Factory overhead: References 0 Total factory overhead costs Total manufacturing costs 0 Total cost of work in process 0 Cost of goods manufactured 0 11 ! Required information Part 2 of 2 Part 2012 Use the following information for the Exercises below. The following selected account balances are provided for Delray Mfg. 2.5 points eBook Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Factory supplies used (indirect materials) Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending $ 1,104,000 41,000 52,200 64,600 199,800 242,000 21,600 47,000 5,250 59,000 108,000 139,000 49,500 45,000 66,400 Print References Exercise 18-14 Income statement preparation LO P2 Prepare an income statement for Delray Mfg. (a manufacturer). DELRAY MFG. Income Statement For Year Ended December 31, Year 1 Cost of goods sold Exercise 18-14 Income statement preparation LO P2 urt 2 of 2 Prepare an income statement for Delray Mfg. (a manufacturer). nts DELRAY MFG. Income Statement For Year Ended December 31, Year 1 Cost of goods sold eBook Print Cost of goods available for sale Cost of goods sold eferences Operating expenses Total operating expenses Operating income