Required information The following selected account balances are provided for Delray Mfg. Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases $ 1,400,000 43,000 51,800 65,300 177,300 Direct labor 243,000 Factory supplies used (indirect materials) 17,500 Indirect labor 44,000 Repairs-Factory equipment 5,250 Rent cost of factory building 52,000 Advertising expense 84,000 General and administrative expenses 145,000 Raw materials inventory, ending 42,400 Work in process inventory, ending Finished goods inventory, ending 39,700 66,900 Prepare its schedule of cost of goods manufactured for the current year ended December 31. Direct materials DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, Year 1 Raw materials available for use Direct materials used