Exercise 18-13 Preparing schedule of cost of goods manufactured 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 ac- count balances in this schedule. materials inventory, beginning..... Tok in process inventory, beginning Fished goods inventory beginning... os materials purchases Dred labor .......... .. Factory Supplies used indirect materials) hord labor $1,250,000 37,000 53 900 62,750 175,600 225.000 17.840 47,000 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 $ 5,250 57.000 94.000 129,300 42.700 41.500 67.300 . Check Cost of goods manufactured 5584 390 Exercise 18-14 Income statement preparation P2 Refer to the information in brer). Assume that its cost of Formation in Exercise 18-13 to prepare an income statement for Delray Mfg. (a manufac that its cost of goods manufactured is $534.390