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Required Information [The following Information applies to the questions displayed below.] The following calendar year-end Information is taken from the December 31, 2019, adjusted
Required Information [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 $ 33,400 Direct labor 8,100 9,900 34,200 114,600 Income taxes expense Indirect labor Miscellaneous production costs Office salaries expense Raw materials purchases $ 677,400 246,900 58,200 11,000 66,000 9,800 935,000 41,000 Rent expense-Office space 23,000 Rent expense-Selling space 28,900 156,400 81,600 189,000 Maintenance expense-Factory equipment 37,000 16,500 Sales 4,565,000 19,000 Sales salaries expense 398,700 165,500 142,200 Rent expense-Factory building 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
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