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The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company. Advertising expense $ 33,300
The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company.
Advertising expense | $ | 33,300 | Direct labor | $ | 678,000 | ||
Depreciation expenseOffice equipment | 10,200 | Income taxes expense | 269,000 | ||||
Depreciation expenseSelling equipment | 9,700 | Indirect labor | 56,100 | ||||
Depreciation expenseFactory equipment | 33,400 | Miscellaneous production costs | 9,900 | ||||
Factory supervision | 116,400 | Office salaries expense | 67,000 | ||||
Factory supplies used | 9,600 | Raw materials purchases | 936,000 | ||||
Factory utilities | 31,000 | Rent expenseOffice space | 27,000 | ||||
Inventories | Rent expenseSelling space | 27,100 | |||||
Raw materials, December 31, 2018 | 150,500 | Rent expenseFactory building | 77,100 | ||||
Raw materials, December 31, 2019 | 182,000 | Maintenance expenseFactory equipment | 37,300 | ||||
Work in process, December 31, 2018 | 18,800 | Sales | 4,446,300 | ||||
Work in process, December 31, 2019 | 24,900 | Sales salaries expense | 394,900 | ||||
Finished goods, December 31, 2018 | 163,800 | ||||||
Finished goods, December 31, 2019 | 135,900 | ||||||
1. Prepare the companys 2019 schedule of cost of goods manufactured.
LEONE COMPANYSchedule of Cost of Goods ManufacturedFor Year Ended December 31, 2019Direct materialsRaw materials inventory, December 31, 2018Raw materials available for use0Direct materials used$0Factory overheadTotal factory overhead costs0Total manufacturing costs0Total cost of work in process0Cost of goods manufactured$0
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