CH.14 - CONNECT ASSIGNMENT i Saved 9 Required information Part 1 of 2 Use the following information for the Exercises below. The following selected account balances are provided for Delray Mig. 10 points Sales $ 1, 475, 000 Raw materials inventory, beginning 39 , 000 Work in process inventory, beginning 54, 500 Finished goods inventory, beginning 61, 900 Raw materials purchases 181, 700 eBook Direct labor 242,000 Factory supplies used (indirect materials) 18, 600 Indirect labor 57, 000 Repairs-Factory equipment 5 ,250 Hint Rent cost of factory building 59 , 000 Advertising expense 107,000 General and administrative expenses 125 , 000 Raw materials inventory, ending 43 , 200 References Work in process inventory, ending 44, 200 Finished goods inventory, ending 71, 500 Exercise 14-13 Prepare schedule of cost of goods manufactured LO P2 Prepare its schedule of cost of goods manufactured for the current year ended December 31. DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, Year 1 Direct materials Mc Graw Hill