The following selected account balances are provided for Delray Mfg. $1,195,000 39,000 56,900 62,900 173,200 224,000 20,800 54,000 5,250 53,000 101,000 130,000 40,800 40,300 71,100 Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Factory supplies used (indirect materials) Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending Prepare its schedule of cost of goods manufactured for the current year ended December 31. Required information DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, Year 1 Direct materials Raw materials available for use Direct materials used Factory overhead: Total factory overhead costs Total manufacturing costs Total cost of work in process Cost of goods manufactured