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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
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-Selling equipment Depreciation expense Factory equipment Factory supervision Factory supplies used Factory utilities Inventories Raw materials, December 31, 2018 Raw materials, December 31, 2019 Work in process, December 31, 2018 Work in process, December 31, 2019 Finished goods, December 31, 2018 Finished goods, December 31, 2019 $ 27,400 Direct labor 10,400 Income taxes expense 9,700 Indirect labor 39,700 Miscellaneous production costs 118,700 office salaries expense 9,200 Raw materials purehases 38,000 Rent expense office space Rent expense-Selling space 159,500 Rent expense-Factory building 192,000 Maintenance expense-Pactory equipment 15,100 Sales 18,200 Sales salaries expense 161,000 143,300 688,000 298,900 55,700 9,100 61,000 979,000 20,000 28,000 82,300 37,300 4,506,100 398,000 Problem 14-3A Part 1 LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2019 Direct materials Raw materials inventory, December 31, 2018 Raw materials purchases Raw materials available for use 0 Direct materials used $ 0 Factory overhead 0 Total factory overhead costs Total manufacturing costs 0 Total cost of work in process 0 0 $ Cost of goods manufactured
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