Required information Use the following information for the Exercises below. (Algo) (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 $ 1,200,000 Raw materials inventory, beginning 52,000 Work in process inventory, beginning 68,000 Finished goods inventory, beginning 88,000 Raw materials purchases 239,000 Direct labor 287,000 Indirect labor 43,000 Repairs-Factory equipment 34,000 Rent cont of factory building 68,000 Selling expenses 109,000 General and administrative expenses 174,000 Raw materials inventory, ending 62,000 Work in process inventory, ending 82,000 Finished goods inventory, ending 106,000 Exercise 14-13 (Algo) Preparing schedule of cost of goods manufactured LO P2 Prepare its schedule of cost of goods manufactured for the year ended December 31. 0 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: Indirect labor Repairs Factory equipment Rent cost of factory building S S 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 0 s 0