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Required information Use the following information for the Exercises below. (Algo) Skip to question [The following information applies to the questions displayed below.] Use the

Required information

Use the following information for the Exercises below. (Algo)

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[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 $ 1,450,000
Raw materials inventory, beginning 62,000
Work in process inventory, beginning 81,000
Finished goods inventory, beginning 105,000
Raw materials purchases 285,000
Direct labor 342,000
Indirect labor 51,000
RepairsFactory equipment 41,000
Rent cost of factory building 82,000
Selling expenses 131,000
General and administrative expenses 210,000
Raw materials inventory, ending 74,000
Work in process inventory, ending 97,000
Finished goods inventory, ending 126,000

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.

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