Exercise 1-13 Preparation of schedule of cost of goods manufactured LO P2 Given the following selected account balances of Delray Mfg. Sales Raw materials inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2014 Finished goods inventory, Dec. 31, 2014 Raw materials purchases Direct labor Factory computer supplies used Indirect labor $1,364,000 38,000 55,200 64,900 180,800 246,000 17,500 46,000 5,250 Rent cost of factory building 51,000 Advertising expense 94,000 General and administrative expenses 135,000 Raw materials inventory, Dec. 31, 2015 40,700 Work in process inventory, Dec. 31, 2015 40,100 Finished goods inventory, Dec. 31, 2015 73,100 Repairs Factory equipment Prepare its schedule of cost of goods manufactured for the year ended on December 31, 2015 DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, 2015 Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead costs Total manufacturing costs Total cost of work in process Cost of goods manufactured