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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 December
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 $ 2, 100, 006 Raw materials inventory, beginning 88, 006 Work in process inventory, beginning 114,060 Finished goods inventory, beginning 148, 000 Raw materials purchases 405, 060 Direct labor 486,006 Indirect labor 73, 000 Repairs-Factory equipment 58, 000 Rent cost of factory building 116,000 Selling expenses 186, 000 General and administrative expenses 298 , 000 Raw materials inventory, ending 106, 000 Work in process inventory, ending 137, 000 Finished goods inventory, ending 178, 000 Prepare its schedule of cost of goods manufactured for the year ended December 31. DELRAY MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials: Raw materials available for use Direct materials used
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