Use the following information for the Exercises below. (Algo) [The following information applies to the questions...
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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 Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Indirect labor Repairs-Factory equipment Rent cost of factory building Selling expenses General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending $ 1,300,000 56,000 73,000 95,000 258,000 310,000 47,000 38,000 76,000 122,000 195,000 67,000 88,000 114,000 1-13 0 General and administrative expenses Raw materials Inventory, inting work in process Inventory, ending Finished goods inventory, ending 295,000 67,000 88,000 114,000 Exercise 1-13 (Algo) Preparing schedule of cost of goods manufacture Prepare its schedule of cost of goods manufactured for the year ended December 31 Direct materials DELRAY MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31 Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in praces Cest of gods manufactund TH Pro 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 Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Indirect labor Repairs-Factory equipment Rent cost of factory building Selling expenses General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending $ 1,300,000 56,000 73,000 95,000 258,000 310,000 47,000 38,000 76,000 122,000 195,000 67,000 88,000 114,000 1-13 0 General and administrative expenses Raw materials Inventory, inting work in process Inventory, ending Finished goods inventory, ending 295,000 67,000 88,000 114,000 Exercise 1-13 (Algo) Preparing schedule of cost of goods manufacture Prepare its schedule of cost of goods manufactured for the year ended December 31 Direct materials DELRAY MANUFACTURING Schedule of Cost of Goods Manufactured For Year Ended December 31 Raw materials available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in praces Cest of gods manufactund TH Pro
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