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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 $ 31,300
The following calendar year-end information is taken from the December 31, 2015, adjusted trial balance and other records of Leone Company. Advertising expense $ 31,300 Direct labor $ 690,900 Depreciation expense-Office equipment 7,700 Income taxes expense 271,100 Depreciation expense-Selling equipment 10,500 Indirect labor 59,300 Depreciation expense-Factory equipment 38,600 Factory supervision 131,500 Miscellaneous production costs Office salaries expense 11,400 69,000 Factory supplies used 9,700 Raw materials purchases 945,000 Factory utilities 36,000 Rent expense-Office space 20,000 Inventories Rent expense-Selling space 29,700 Raw materials, December 31, 2014 158,900 Rent expense-Factory building 76,800 Raw materials, December 31, 2015 Work in process, December 31, 2014 Work in process, December 31, 2015 Finished goods, December 31, 2014 Finished goods, December 31, 2015 182,000 Maintenance expense-Factory equipment 39,500 17,400 Sales 4,516,900 20,000 Sales salaries expense 395,200 166,000 138,100 Required: 1. Prepare the company's 2015 schedule of cost of goods manufactured. LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2015 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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