CH 18 Homework - GRADED 6 Saved Help Save & Exit Sbmit Check my work 5 Required information Problem 18-3A 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, 2017, adjusted trial balance and other records Part 1 of2 of Leone Company points Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities Inventories $ 32,400 Direct labor $ 677,60 235,600 58,20 9,000 64,00 943,000 23,00 27,500 77,300 36,800 9,000 Income taxes expense 10,500 Indirect labor 34,900 Miscellaneous production costs 03:56:45 113,700 Office salaries expense 9,300 Raw materials purchases 0,000 Rent expense-Office space eBook Ask Print References Rent expense-Selling space Raw materials, December 31, 2016 Raw materials, December 31, 2017 Work in process, December 31, 2016 Work in process, December 31, 2017 Finished goods, December 31, 2016 Finished goods, December 31, 2017 162,300 Rent expense-Factory building 183,000 Maintenance expense-Factory equipment 17,600 Sales 23,400 Sales salaries expense 4,625,200 394,400 162,300 137,700 Problem 18-3A Part 1 Required 1. Prepare the company's 2017 schedule of cost of goods manufactured LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Direct materials Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Raw materials available for use Direct materials used Factory overhead Total factory overhead costs Total manufacturing costs Total cost of work in process Cost of goods manufactured