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Requhedinfonnaon [The following information applies to the questions displayed below] Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. Costs 1. Plastic for casing$18,000 2. Wages of assembly workers$91,000 3. Property taxes on factory$7,000 4. Office accounting salaries$43,000 5. Drum stands$33,000 6. Rent cost of office for accountants$24,000 7. Office management salaries$120,000 8. Annual fee for factory maintenance$15,000 9. Sales commissions$23,000 10. Factory machinery depreciation, straightline$46,000 2. Compute the average manufacturing cost per drum set. Total manufacturing costs 7 Required information [The following information applies to the questions displayed below. ] Use the following selected account balances of Delray Manufacturing for the year ended December 31. Sales $ 1,000,000 Raw materials inventory, beginning 44,000 Work in process inventory, beginning 57,000 Finished goods inventory, beginning 74,000 Raw materials purchases 202,000 Direct labor 242,000 Indirect labor 36,000 RepairsFactory equipment 29,000 Rent cost of factory building 58,000 Selling expenses 93,000 General and administrative expenses 149,000 Raw materials inventory, ending 53,000 Work in process inventory, ending 68,000 Finished goods inventory, ending 89,000 Prepare its schedule of cost of goods manufactured for the year ended December 31. Direct materials: Raw materials inventory. ending Add: Raw materials purchases Raw materials available for use Less: Raw materials inventory, ending Direct materials used I irect labor Factory overhead: Indirect labor RepairsFactory equipment Rent cost of factory building Total factory overhead |. N .00 o o 0 Total manufacturing costs Add: Work in process inventory. beginning Total cost of work in process ess: Work in process inventory, ending (68.000) Cost of goods manufactured 547,000