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10 The following selected account balances are provided for Delray Mfg. Sales $1,340,000 42,000 58,400 66,700 166,200 242,000 17,500 58,000 5,250 51,000 106,000 136,000 46,600

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10 The following selected account balances are provided for Delray Mfg. Sales $1,340,000 42,000 58,400 66,700 166,200 242,000 17,500 58,000 5,250 51,000 106,000 136,000 46,600 40, 0 70,700 Raw materials inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2016 Finished goods inventory, Dec. 31, 2016 Raw materials purchases Direct labor Part 2 of 2 10 Factory computer supplies used Indirect 1abor Repaira-Facetory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, Dec. 31, 2017 Work in process inventory, Dec. 31, 2017 Finished goods inventory, Dec. 31, 2017 points eBook Hint Prepare an Income statement for Delray Mfg. (a manufacturer). Print DELRAY MFG. Income Statement References For Year Ended December 31, 2017 Cost of goods sold Cost of goods available for sale Cost of goods sold Operating expenses Total operating expenses Operating income The following selected account balances are provided for Delray Mfg. Sales $1,340,000 42,000 58,400 66,700 166,200 242,000 17,500 58,000 5,250 51,000 106,000 136,000 46,600 40,000 70,700 Raw materials inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2016 Finished goods inventory, Dec. 31, 2016 Raw materials purchases Direct labor Factory computer supplies used Indirect labor Repairs-Pactory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, Dec. 31, 2017 Work in process inventory, Dec. 31, 2017 Finished goods inventory, Dec. 31, 2017 Prepare an Income statement for Delray Mfg. (a manufacturer). DELRAY MFG. Income Statement es For Year Ended December 31, 2017 Cost of goods sold Cost of goods available for sale Cost of goods sold Operating expenses Total operating expenses Operating income

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