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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 $ 29,200
The following calendar year-end information is taken from the December 31, 2017, adjusted trial balance and other records of Leone Company.
Advertising expense | $ | 29,200 | Direct labor | $ | 694,600 | ||
Depreciation expenseOffice equipment | 11,600 | Income taxes expense | 295,300 | ||||
Depreciation expenseSelling equipment | 10,300 | Indirect labor | 57,100 | ||||
Depreciation expenseFactory equipment | 33,400 | Miscellaneous production costs | 10,500 | ||||
Factory supervision | 126,900 | Office salaries expense | 62,000 | ||||
Factory supplies used | 9,200 | Raw materials purchases | 929,000 | ||||
Factory utilities | 40,000 | Rent expenseOffice space | 29,000 | ||||
Inventories | Rent expenseSelling space | 27,100 | |||||
Raw materials, December 31, 2016 | 154,300 | Rent expenseFactory building | 80,700 | ||||
Raw materials, December 31, 2017 | 191,000 | Maintenance expenseFactory equipment | 37,000 | ||||
Work in process, December 31, 2016 | 18,600 | Sales | 4,585,200 | ||||
Work in process, December 31, 2017 | 24,200 | Sales salaries expense | 390,000 | ||||
Finished goods, December 31, 2016 | 161,000 | ||||||
Finished goods, December 31, 2017 | 143,100 | ||||||
Required: 1. Prepare the companys 2017 schedule of cost of goods manufactured.
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