Question
The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company. Advertising expense $ 26,100
The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company. Advertising expense $ 26,100 Direct labor $ 695,700 Depreciation expenseOffice equipment 12,000 Income taxes expense 277,000 Depreciation expenseSelling equipment 10,900 Indirect labor 59,000 Depreciation expenseFactory equipment 33,500 Miscellaneous production costs 10,600 Factory supervision 133,100 Office salaries expense 68,000 Factory supplies used 9,700 Raw materials purchases 953,000 Factory utilities 40,000 Rent expenseOffice space 29,000 Inventories Rent expenseSelling space 28,400 Raw materials, December 31, 2018 169,600 Rent expenseFactory building 79,500 Raw materials, December 31, 2019 194,000 Maintenance expenseFactory equipment 37,800 Work in process, December 31, 2018 19,000 Sales 4,496,700 Work in process, December 31, 2019 19,400 Sales salaries expense 393,900 Finished goods, December 31, 2018 164,900 Finished goods, December 31, 2019 138,300 Required: 1. Prepare the companys 2019 schedule of cost of goods manufactured.
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