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The following calendar year-end information is taken from the December 31, 2015, adjusted trial balance and other records of Leone Company. Advertising expense $ 28,750
The following calendar year-end information is taken from the December 31, 2015, adjusted trial balance and other records of Leone Company. |
Advertising expense | $ | 28,750 | Direct labor | $ | 675,480 | ||
Depreciation expenseOffice equipment | 7,250 | Income taxes expense | 233,725 | ||||
Depreciation expenseSelling equipment | 8,600 | Indirect labor | 56,875 | ||||
Depreciation expenseFactory equipment | 33,550 | Miscellaneous production costs | 8,425 | ||||
Factory supervision | 102,600 | Office salaries expense | 63,000 | ||||
Factory supplies used | 7,350 | Raw materials purchases | 925,000 | ||||
Factory utilities | 33,000 | Rent expenseOffice space | 22,000 | ||||
Inventories | Rent expenseSelling space | 26,100 | |||||
Raw materials, December 31, 2014 | 166,850 | Rent expenseFactory building | 76,800 | ||||
Raw materials, December 31, 2015 | 182,000 | Maintenance expenseFactory equipment | 35,400 | ||||
Work in process, December 31, 2014 | 15,700 | Sales | 4,462,500 | ||||
Work in process, December 31, 2015 | 19,380 | Sales salaries expense | 392,560 | ||||
Finished goods, December 31, 2014 | 167,350 | ||||||
Finished goods, December 31, 2015 | 136,490
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1. | Prepare the companys 2015 schedule of cost of goods manufactured. begins with direct materials has three columns ends with cost of goods manufactured |
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