Question: Check my work 2 ! Required information The following selected account balances are provided for Delray Mfg. Part 2 of 2 10 points eBook Sales

 Check my work 2 ! Required information The following selected account

balances are provided for Delray Mfg. Part 2 of 2 10 points

Check my work 2 ! Required information The following selected account balances are provided for Delray Mfg. Part 2 of 2 10 points eBook 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 $ 1,247,000 43,000 50,700 63,200 196,400 237,000 20,400 57,000 5,250 56,000 87,000 143,000 46,200 45,800 65,800 et Hint References Prepare an income statement for Delray Mfg. (a manufacturer). DELRAY MFG. Income Statement For Year Ended December 31, Year 1 Cost of goods sold Cost of goods available for sale 0 Cost of goods sold 0 M DELRAY MFG. Income Statement For Year Ended December 31, Year 1 Cost of goods sold Cost of goods available for sale 0 Cost of goods sold 0 Operating expenses 0 Total operating expenses Operating income $ 0

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