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Required information Dell-Ray, a manufcaturing entity, has the following account balances: Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory beginning

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Required information Dell-Ray, a manufcaturing entity, has the following account balances: 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 1,068,000 38,000 56,100 65,900 156,380 227,000 21,100 46,000 5,250 58,000 92,000 135,000 48,000 46,200 69,100 Above, you have been provided financial information for the company. Based on this data, prepare its schedule of cost of goods manufactured for the year Required information Direct materials Raw materials available for use Direct materials used Factory overhead: Total factory overhead costs Required information Direct materials used Factory overhead Total factory overhead costs Total manufacturing costs Total cost of work in process Cost of goods manufactured

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