Question
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
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 Indirect labor Miscellaneous production costs $ 28,750 Direct labor 7,250 Income taxes expense 8,600 33,550 102,600 office salaries expense 7,350 Raw materials purchases 33,000 Rent expense-Office space Rent expense-Selling space 166,850 Rent expense-Factory building 15,700 Sales 182,000 Maintenance expense-Factory equipment 19,388 Sales salaries expense 167,358 136,490 $ 675,480 233,725 56,875 8,425 63,000 925,000 22,000 26,100 76,800 35,400 4,462,500) 392,560 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 Direct materials LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2019 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 0 $ $ 0 0 0
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