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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 7,350 Raw materials purchases $ 28,750 Direct labor $675,480 7,250 Income taxes expense 233,725 8,600 Indirect labor 56,875 33,550 Miscellaneous production costs 8,425 102,600 Office salaries expense 63,000 925,000 33,000 Rent expense-Office space 22,000 26,100 76,800 35,400 4,462,500 392,560 Rent expense-Selling space 166,850 Rent expense-Factory building 182,000 Maintenance expense-Factory equipment 15,700 Sales 19,380 Sales salaries expense 167,350 136,490 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, 2010 Direct materials Prev 1 of 4 Next >
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