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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 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. $ 32,400 Direct labor 10,200 Income taxes expense 693,500 264,000 10,100 Indirect labor 55,700 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 39,800 Miscellaneous production costs 138,200 Office salaries expense 8,100 Raw materials purchases 40,000 Rent expense-office space Rent expense-selling space 156,500 Rent expense-Factory building 178,000 Maintenance expense-Factory equipment 16,800 Sales 11,700 62,000 968,000 23,000 28,500 79,500 38,900 4,566,600 22,400 Sales salaries expense 390,300 167,000 137,100 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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