O Required information )f2 The following selected account balances are provided for Delray Mfg. Sales 5 1,416,000 Raw materials inventory, beginning 43.000 Work in process inventory, beginning 51,300 Finished goods inventory, beginning 67,200 Raw materials purchases 196,200 Direct labor 227,000 Factory supplies used (indirect materials] 24,900 Indirect labor 46,000 RepairsFactory equipment 5,250 Rent cost of factory building 57,000 Advertising expense 91,000 General and administrative expenses 143,000 Raw materials inventory, ending 47,900 Work in process inventory, ending 45,000 Finished goods inventory, ending T1,ZDD Prepare its schedule of cost of goods manufactured for the current year ended December 31. General and administrative expenses 143,000 Raw materials inventory, ending 47,900 Work in process inventory, ending 45,000 Finished goods inventory, ending 71, 200 Prepare its schedule of cost of goods manufactured for the current year ended December 31. X Answer is not complete. DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, Year 1 Direct materials Raw materials inventory, beginning V$ 43,000O Schedule of Cast of Goods Manufactured Required information Raw materials inventory, beginning 43,000 of 2 Add: Raw materials purchases 196,200 Raw materials available for use 239,200 Less: Raw materials inventory, ending V 47,900 Direct materials used $ 191,300 Direct labor 227,000 Factory overhead: Factory supplies used 24,900 Indirect labor 46,000 Repairs-Factory equipment 5,250 Rent cost of factory building 57,000 Total factory overhead costs 133,150 Total manufacturing costs 551,450 Add: Work in process inventory, beginning V Total cost of work in process 551,450 Less: Work in process inventory, ending 45,000 Cost of goods manufactured $ 506,450