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11 Part 2 of 2 Required information [The following information applies to the questions displayed below. The following year-end Information is taken from the December
11 Part 2 of 2 Required information [The following information applies to the questions displayed below. The following year-end Information is taken from the December 31 adjusted trial balance and other records of Leone Company Advertising expense $ 59,820 Depreciation expense-Office equipment 38.000 Depreciation expense-Selling equipment 39, Depreciation expertso-Factory equipment Raw materials purchases (all direct materials) 918,800 Maintenance expense-Factory equipment Factory utilities 524,38 TA Indirect 79.00 Office salaries expense Mont expense-Office space Rent expense-Selling space Rarit expense Factory building 151.00 Sales salaries expanse 385,80 Direct labe Using the following sceltonal Information for Leone Company, complete the requirements below. Raw materials inventory, beginning $ 182, Raw materials inventory, ending 187,80 work in process Inventory, beginning 55,00 Sales 2,984,80 work in process Inventory, ending 59,00 Finished goods Inventory, beginning 77.00 Finished goods Inventory, anding 85,00 Required: 1. Prepare the schedule of cost of goods manufactured for the current year 2. Prepare the current year Income statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 | Prepare the schedule of cost of goods manufactured for the current year. LEONE COMPANY Schedule of Cost of Good Manufactured For Year Ended December 31 Direct materials Raw materials available for use Direct materials used Factory Overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required Required 2 >
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