Required information The following selected account balances are provided for Delray Mig. eBook Sales $1,368,000 Raw materials inventory, Dec. 45,000 31, 2016 Work in process inventory, 52,600 Dec. 31, 2016 Finished goods inventory, Dec. 63,800 31, 2016 Raw materiala purchases 151,900 Direct labor 233,000 Factory computer supplies used 23,100 Indirect labor 60.000 Repairs Factory equipment 5,250 Rent cout of factory building 50.000 Advertising expense 104,000 General and administrative 144,000 expenses Raw materials inventory, Dec. 48,000 31, 2017 Work in process inventory. 43,900 Dec. 31, 2017 Finished goods inventory, Dec. 31, 2017 65,800 Prepare its schedule of cost of goods manufactured for the year ended December 31, 2017 DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Direct materials Raw materials inventory, December 31. 2016 Add: Raw materials purchases Raw materials available for use Less: Raw materials inventory December 31, 2016 Direct materials used Direct labor Factory overhead: Factory computer supplies used Indirect labor Repairs Factory equipment Rent cost of factory building Total factory overhead costs Total manufactung costs Add: Work in process inventory, December 31, 2017 Total cost of work in process Less: Work in process inventory December 31, 2017 Cost of goods manufactured Beck Manufacturing reports the information below for 2017 Skipped eBook Raw Materials Inventory Begin. Inv. 11,100 Purchases 59,500 Avail. for use 70,600 DM used 48.000 End. Inv. 22,600 Work in Process Inventory Begin. ny. 16,200 DM used 48,000 Direct Labor 29,100 Overhead 59,000 Avail. for mig. 152,300 cost of goods 139.100 ma End. Inv. 13,200 Finished Goods Inventory Begin. Inv. 16,300 Cost of goods 139,100 mig Avail. for 155,400 cont of Goods 136,200 Sold End. Inv. 19,200 Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Complete this question by entering your answers in the tabs below. Required Required Prepare the schedule of cost of goods manufactured for the year. BECK MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Total manufacturing costs Total cost of work in process Cost of goods manufactured S O Required Required 2 > Beck Manufacturing reports the information below for 2017 Skipped BOOK Raw Materials Inventory Begin. Inv. 11,100 Parehases 59,500 Avail. for use 70,600 DM used 48.000 End. In. 22,600 Work in Process Inventory Begin. Inv. 16,200 Ded 48,000 Direct Labor 29,100 Overhead 59,000 Avail. for mig. 152, 300 Cost of goods 139,100 End. Inv. 13,200 Finished Goods Inventory Begin. Inv. 16,300 Cost of goods 139,100 mig Avall for 155,400 sale cost of Goods 136.200 Sold End. Iny. 19,200 Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Complete this question by entering your answers in the tabs below. Required Required Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31, 2017 Cost of goods sold Goods available for sale Cost of goods sold