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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 $33,700 Direct
The following calendar year-end information is taken from the December 31, 2017, adjusted trial balance and other records of Leone Company.
Advertising expense | $33,700 | Direct labor | $680,700 | |
---|---|---|---|---|
Depreciation expenseOffice equipment | 11,300 | Income taxes expense | 262,500 | |
Depreciation expenseSelling equipment | 10,700 | Indirect labor | 57,100 | |
Depreciation expenseFactory equipment | 37,500 | Miscellaneous production costs | 11,100 | |
Factory supervision | 146,200 | Office salaries expense | 70,000 | |
Factory supplies used | 9,500 | Raw materials purchases | 992,000 | |
Factory utilities | 42,000 | Rent expenseOffice space | 28,000 | |
Inventories | Rent expenseSelling space | 27,500 | ||
Raw materials, December 31, 2016 | 168,300 | Rent expenseFactory building | 78,000 | |
Raw materials, December 31, 2017 | 192,000 | Maintenance expenseFactory equipment | 36,700 | |
Work in process, December 31, 2016 | 15,800 | Sales | 4,486,400 | |
Work in process, December 31, 2017 | 25,000 | Sales salaries expense | 393,700 | |
Finished goods, December 31, 2016 | 167,100 | |||
Finished goods, December 31, 2017 | 144,800 |
Prepare the companys 2017 schedule of cost of goods manufactured.
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