Exercise 14-13 Preparing schedule of cost of goods manufactured P2 Given the following selected account balances of Delray Mfg., prepare its schedule of cost of goods manufactured for the current year ended December 31. Include a listing of the individual overhead account balances in this schedule. 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 $1,250,000 Repairs-Factory equipment 37,000 Rent cost of factory building 53,900 Advertising expense 62,750 General and administrative expenses 175,600 Raw materials inventory, ending 225,000 Work in process inventory, ending 17,840 Finished goods inventory, ending 47,000 $ 5,250 57,000 94,000 129,300 42,700 41,500 67,300 Check Cost of goods manufactured, $534,390