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The following information applies to the questions displayed below.] The following calendar year-end information is taken from the December 31, 2017, adjusted trial balance and

The following information applies to the questions displayed below.]

The following calendar year-end information is taken from the December 31, 2017, adjusted trial balance and other records of Leone Company.

Advertising expense $ 25,800 Direct labor $ 688,400
Depreciation expenseOffice equipment 9,300 Income taxes expense 273,600
Depreciation expenseSelling equipment 10,100 Indirect labor 59,600
Depreciation expenseFactory equipment 36,600 Miscellaneous production costs 11,800
Factory supervision 119,000 Office salaries expense 70,000
Factory supplies used 7,600 Raw materials purchases 929,000
Factory utilities 45,000 Rent expenseOffice space 20,000
Inventories Rent expenseSelling space 28,200
Raw materials, December 31, 2016 150,700 Rent expenseFactory building 79,200
Raw materials, December 31, 2017 182,000 Maintenance expenseFactory equipment 38,500
Work in process, December 31, 2016 19,000 Sales 4,596,000
Work in process, December 31, 2017 19,800 Sales salaries expense 392,600
Finished goods, December 31, 2016 161,400
Finished goods, December 31, 2017 140,500

Problem 14-3A Part 1

Required: 1. Prepare the companys 2017 schedule of cost of goods manufactured.

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