! Required information The following information applies to the questions displayed below The following calendar.year-end information is taken from the December 31, 2017, adjusted trial balance and other records of Leone Company $ 28,750 7,250 8,600 33,550 102,600 7,350 33,000 675,480 233,725 56,875 8,425 Direct labor Advertising expense Depreciation expense-office equipment Depreciation expenso-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities Inventories Income taxes expense Indirect labor Miscellaneous production costs office salaries expense Raw materials purchases Rent expense-Office space Rent expense-Selling space Rent expenso-Factory building Maintenance expense-PFactory equipment Sales Sales salaries expense 63,000 925,000 22,000 26,100 76,800 35,400 4,462,500 392,560 166,850 182,000 15,700 19,380 Raw materials, December 31, 2016 Raw materials, December 31, 2017 Work in process, December 31,, 2016 Work in process, December 31, 2017 Finished goods, December 31, 2016 Finished goods, December 31, 2017 167,350 136,490 Required information Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 f 2 Direct materials Raw materials available for use Direct materials used ok Factory overhead nt nces 0 Total factory overhead costs Total manufacturing costs Total cost of work in process Cost of goods manufactured Next 40 Deou 10 S Required information LEONE COMPANY Income Statement For Year Ended December 31, 2017 Cost of goods sold Goods available for sale Cost of goods sold Operating expenses Selling expenses Total selling expenses General and administrative expenses