Nazaro's Boot Company makes specialty boots for the rodeo circuit. On December 31, 2014, the company had (a) 300 pairs of boots in finished goods inventory and (b) 1,200 heels at a cost of $8 each in raw materials inventory. During 2015, the company purchased 35,000 additional heels at $8 each and manufactured 16,600 pairs of boots.

1.Determine the unit and dollar amounts of raw materials inventory in heels at December 31, 2015.

The following calendar year-end information is taken from the December 31, 2015, adjusted trial balance and other records of Leone Company.

2. Prepare the company?s 2015 schedule of cost of goods manufactured.

*INFO ATTACHED*

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