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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, 2017, 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, 2017, 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, 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 $ 30,600 Direct labor 11,700 Income taxes expense 9,900 Indirect labor 39,400 Miscellaneous production costs 138,000 office salaries expense 9,800 Raw materials purchases 32,000 Rent expense-office space Rent expense-selling space 163,700 Rent expense-Factory building 181,000 Maintenance expensie-Pactory equipment 17,100 bales 21,700 sales salaries expense 167.100 144.800 $ 687,700 298,700 55,500 11,100 62,000 952,000 27,000 27,700 79,100 36,400 4,585,200 395,700 LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Direct materials Raw materials available for use 0 Direct materials used $ 0 Factory overhead 0 Total factory overhead costs Total manufacturing costs 0 Total cost of work in process 0 Cost of goods manufactured 0 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 Total general and administrative expenses Total operating expenses
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