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 $ 28,800 Direct labor 683,800 8,700 Income taxes expense 276,900 10,800 Indirect labor 59,200 38,600 Miscellaneous production costs 11,000 123,400 8,000 Office salaries expense Raw materials purchases 41,000 Rent expense-Office space Rent expense-Selling space 74,000 943,000 29,000 26,800 151,000 Rent expense-Factory building Maintenance expense-Factory equipment 187,000 17,000 Sales 21,200 Sales salaries expense 167,100 137,300 77,300| 36,200 4,525,200 395,000 Problem 14-3A Part 1 Required: 1. Prepare the company's 2019 schedule of cost of goods manufactured. LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2019 Direct materials 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