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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
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 $ 27,800 Direct labor 690,1 8,400 Income taxes expense 10,200 Indirect labor 38,500 Miscellaneous production costs 249,600 57,20 11,000 145,400 Office salaries expense 69 9,500 Raw materials purchases 33,000 Rent expense-Office space 945,000 21,000 27,400 77,300 38,000 Rent expense-Selling space 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 153,500 Rent expense-Factory building 185,000 Maintenance expense-Factory equipment 17,700 Sales 18,200 Sales salaries expense 4,605,900 395,480 161,400 137,900 Required. 1. Prepare the company's 2017 schedule of cost of goods manufactured LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 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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