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Lee Company has the following information for the year ended December 31, 2018. (Click the icon to view the information.) Use the information to prepare

Lee Company has the following information for the year ended December 31, 2018. (Click the icon to view the information.) Use the information to prepare a schedule of cost of goods manufactured and an income statement. Assume no indirect materials are used and all amounts are shown in millions Begin by preparing a schedule of cost of goods manufactured. Lee Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 (in millions) Cost of Goods Manufactured Data table Inventory balances: Work-in-Process Finished Goods Other information: Sales Revenue Selling and Administrative Expenses Direct Labor Manufacturing Overhead; actual and allocated Direct Materials Used Beginning Ending 13 14 10 16 Print Done $ 192 92 31 24 48

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