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where do I start and how do I solve this? Required information The following selected account balances are provided for Delray Mfg. Sales Raw materials
where do I start and how do I solve this?
Required information The following selected account balances are provided for Delray Mfg. 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 $ 1,309,000 36,000 55,700 68,800 178,500 232,000 21,100 54,000 5,250 57,000 106,000 130,000 41,000 45,600 69, 300 Prepare its schedule of cost of goods manufactured for the current year ended December 31. For Year Ended De Direct materials Raw materials available for use 0 Direct materials used $ 0 Factory overhead: 0 Total factory overhead costs Total manufacturing costs 0 0 Total cost of work in process 0 Cost of goods manufactured Step by Step Solution
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