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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
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 $ 1,650,000 70,000 91,000 118,000 322,000 386,000 58,000 46,000 92,000 147,000 235,000 84,000 109,000 142,000 Exercise 1-13 (Algo) Preparing schedule of cost of goods manufactured LO P2
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