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The following selected account balances are provided for Delray Mfg.

Sales	$	1,250,000
Raw materials inventory, Dec. 31, 2016		37,000
Work in process inventory, Dec. 31, 2016		53,900
Finished goods inventory, Dec. 31, 2016		62,750
Raw materials purchases		175,600
Direct labor		225,000
Factory computer supplies used		17,840
Indirect labor		47,000
RepairsFactory equipment		5,250
Rent cost of factory building		57,000
Advertising expense		94,000
General and administrative expenses		129,300
Raw materials inventory, Dec. 31, 2017		42,700
Work in process inventory, Dec. 31, 2017		41,500
Finished goods inventory, Dec. 31, 2017		67,300

Prepare its schedule of cost of goods manufactured for the year ended December 31, 2017.

Required information DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Direct materials: Raw materials inventory, December 31, 2016 $ 37,000 Add: Raw materials purchases 190,800 X Raw materials available for use $ 227,800 Less: Raw materials inventory, December 31, 43,900 2016 Direct materials used Direct labor $ 183,900 246,000 Factory overhead: Factory computer supplies used Indirect labor RepairsFactory equipment Rent cost of factory building 22,000 X 42,000 X 5,250 50,000 $ $ Total factory overhead costs Total manufacturing costs Add: Work in process inventory, December 31, 2017 X Total cost of work in process Less: Work in process inventory, December 31, 2017 Cost of goods manufactured 119,250 549, 150 58,700 X 607,850 47,000 X 560,850

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