$!$

Required Information

$[$The following information applles to the questions displayed below.$]$

The following year$-$end information is taken from the December $31$ adjusted trlal balance and other records of Leone Company.

Advertising expense

Depreciation expense$-$office equipment

Depreciation expense$-$selling equipment

Depreciation expense$-$Factory equipment

Raw materials purchases $($all direct materials$)$

Maintenance expense$-$Factory equipment

Factory utilities

Direct labor

Indirect labor office salaries expense

Rent expense$-$office space

Rent expense$-$selling space

Rent expense$-$Factory building

Sales salaries expense $$28,750$

$7,250$

$8,600$

$49,325$

$925,000$

$35,400$

$33,000$

$675,480$

$159,475$

$63,000$

$22,000$

$26,100$

$76,800$

$392,560$

Using the following additional information for Leone Company, complete the requirements below.

$\backslash$table$[[$Raw materials inventory, beginning,$$166,850$