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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 $ 29,500
The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company.
| Advertising expense | $ | 29,500 | Direct labor | $ | 675,800 | ||
| Depreciation expenseOffice equipment | 11,200 | Income taxes expense | 288,600 | ||||
| Depreciation expenseSelling equipment | 10,100 | Indirect labor | 59,300 | ||||
| Depreciation expenseFactory equipment | 39,200 | Miscellaneous production costs | 11,800 | ||||
| Factory supervision | 133,300 | Office salaries expense | 62,000 | ||||
| Factory supplies used | 9,900 | Raw materials purchases | 943,000 | ||||
| Factory utilities | 38,000 | Rent expenseOffice space | 20,000 | ||||
| Inventories | Rent expenseSelling space | 27,300 | |||||
| Raw materials, December 31, 2018 | 169,300 | Rent expenseFactory building | 79,700 | ||||
| Raw materials, December 31, 2019 | 184,000 | Maintenance expenseFactory equipment | 38,600 | ||||
| Work in process, December 31, 2018 | 15,900 | Sales | 4,566,100 | ||||
| Work in process, December 31, 2019 | 21,500 | Sales salaries expense | 398,100 | ||||
| Finished goods, December 31, 2018 | 165,500 | ||||||
| Finished goods, December 31, 2019 | 143,700 |
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