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Required information. [The following information applies to the questions displayed below] Use the following selected account balances of Delray Manufacturing for the year ended
Required information. [The following information applies to the questions displayed below] Use the following selected account balances of Delray Manufacturing for the year ended December 31 Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor $ 2,400,000 100,000 130,000 169,000 460,000 552,000 Indirect labor 83,000 Repairs-Factory equipment 66,000 Rent cost of factory building 132,000 Selling expenses 211,000 General and administrative expenses 338,000 Raw materials inventory, ending 120,000 Work in process inventory, ending 156,000 Finished goods inventory, ending 203,000 Prepare its schedule of cost of goods manufactured for the year ended December 31. Prepare its schedule of cost of goods manufactured for the year ended December 31 Direct materials DELRAY MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31 Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured
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