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Use the following selected account balances of Delray Manufacturing for the year ended December
Sales $
Raw materials inventory, beginning
Work in process inventory, beginning
Finished goods inventory, beginning
Raw materials purchases
Direct labor
Indirect labor
RepairsFactory equipment
Rent cost of factory building
Selling expenses
General and administrative expenses
Raw materials inventory, ending
Work in process inventory, ending
Finished goods inventory, ending
Prepare an income statement for Delray Manufacturing a manufacturer Assume that its cost of goods manufactured is $
