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Use the following selected account balances of Delray Manufacturing for the year ended December 31. Sales Raw materials inventory, beginning Work in process inventory,
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 $ 1,700,000 72,000 94,000 122,000 331,000 397,000 60,000 48,000 Rent cost of factory building 96,000 Selling expenses 154,000 General and administrative expenses 246,000 Raw materials inventory, ending 86,000 Work in process inventory, ending 113,000 Finished goods inventory, ending 146,000 Repairs-Factory equipment Prepare its schedule of cost of goods manufactured for the year ended December 31.
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1 Direct Materials Used Raw Materials Inventory beginning 72000 Raw Materials Purchases 331000 Raw M...Get Instant Access to Expert-Tailored Solutions
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