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Required information Use the following information for the Problems below. (Static) [The following information applies to the questions displayed below.] The following year-end information

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Required information Use the following information for the Problems below. (Static) [The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Maintenance expense-Factory equipment Factory utilities Raw materials purchases (all direct materials) 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 Problem 14-3A (Static) Schedule of cost of goods manufactured and income statement LO P1, P2

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