h 14: Homework Seved 1 ! art 1 of 2 Required information Use the following information for the Exercises below. The following selected account balances are provided for Delray Mfg. ants 2 04:16:10 Skipped 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 $ 1,267.000 40,000 59,500 63,800 199,000 235,000 20,800 47,000 5,250 55,000 81,000 144,000 49,400 46,000 73,700 eBook Hint Ask Print eferences Exercise 14-13 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 1 Finished goods inventory, ending 73,700 Part 1 of 2 Exercise 14-13 Prepare schedule of cost of goods manufactured LO P2 Prepare its schedule of cost of goods manufactured for the current year ended December 31 30 points 04:16:02 DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, Year 1 Skipped Direct materials eBook Raw materials available for use 0 Hint Direct materials used Ask S 0 Print References Factory overhead: 0 Total factory overhead costs Total manufacturing costs 0 1 Required information For Year Ended December 31, Year 1 Part 1 of 2 Direct materials 30 points Raw materials available for use 0 Direct materials used 04:15:57 $ 0 Skipped Factory overhead: eBook Hint Ask Print 0 References Total factory overhead costs Total manufacturing costs 0 0 Total cost of work in process $ Cost of goods manufactured 2 Exercise 14-14 Income statement preparation LO P2 Part 2 of 2 Prepare an income statement for Delray Mfg. (a manufacturer). 30 points DELRAY MFG. Income Statement For Year Ended December 31, Year 1 8 04:15:46 Skipped Cost of goods sold eBook Hint 0 Cost of goods available for sale 0 Cost of goods sold Print References Operating expenses 0 Total operating expenses Operating income $ 0