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Part 2 of 2 10 points Required information [The following information applies to the questions displayed below.] The following year-end information is taken from
Part 2 of 2 10 points 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 $ 49,000 Depreciation expense-office equipment Depreciation expense-Selling equipment 28,000 29,000 Depreciation expense-Factory equipment 71,000 Raw materials purchases (all direct materials) 810,000 eBook Maintenance expense-Factory equipment Factory utilities 42,300 37,200 Direct labor 484,000 Print Indirect labor Office salaries expense Rent expense-office space Rent expense-Selling space Rent expense-Factory building Sales salaries expense 73,000 44,000 26,000 62,000 149,000 358,000 References Using the following additional information for Leone Company, complete the requirements below. Raw materials inventory, beginning Raw materials inventory, ending Work in process inventory, beginning Sales Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending Required: $ 162,000 167,000 49,000 2,695,000 53,000 69,000 77,000 1. Prepare the schedule of cost of goods manufactured for the current year. 2. Prepare the current year income statement
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