Question
12 ences Required information Problem 14-3A Schedule of cost of goods manufactured and income statement; inventory analysis LO P2, A1 (The following information applies
12 ences Required information Problem 14-3A Schedule of cost of goods manufactured and income statement; inventory analysis LO P2, A1 (The following information applies to the questions displayed below) The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company. Advertising expense Depreciation expense-office equipment Depreciation expense-Belling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities Inventories Rav materials, December 31, 2018) Rav materials, December 31, 2019 Work in process, December 11, 2018 Work in process, December 31, 2019 Finished goods, December 31, 2018 rinished goods, December 31, 2019 27,000 Direct labor 8,400 Income taxes expens Indirect labor 10,400 32,700 Miscellaneous production costs 105,700 office salaries expense 7,700 Raw materials purchases 30,000 Rent expense-office space. hant expense-selling space 166,700 Rent expense-Factory building 100,000 Maintenance expense-Factory equipment 16,000 Sales 23,100 Sales salaries expense 168,100 137,900 3 677,406 248,600 58,200) 9,100 10,000 53,000 28,000 29,900 31,300 34,300 4,625,300 396,400 Problem 14-3A Part 1
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