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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. Prepare its schedule of cost of goods manufactured for the year ended December 31. repare its schedule of cost of goods manutactured for the year ended December 3 Answer is not complete. DELRAY MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials: Raw materials inventory, beginning Add: Raw materials purchases Raw materials available for use Less Raw materials inventory, ending Direct materials used Direct labor Factory overhead: General and administrative expenses Indirect labor Repairs-Factory equipment Rent cost of factory building Total factory overhead Total manufacturing costs Add: Work in process inventory, beginning Total cost of work in process Less Work in process inventory ending Cost of goods manufactured
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