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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, 2019, 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, 2019, adjusted trial balance and other records of Leone Company.
Advertising expense | $ | 28,200 | Direct labor | $ | 686,300 | ||
Depreciation expenseOffice equipment | 9,100 | Income taxes expense | 268,200 | ||||
Depreciation expenseSelling equipment | 10,200 | Indirect labor | 58,600 | ||||
Depreciation expenseFactory equipment | 32,800 | Miscellaneous production costs | 10,700 | ||||
Factory supervision | 131,500 | Office salaries expense | 73,000 | ||||
Factory supplies used | 8,400 | Raw materials purchases | 967,000 | ||||
Factory utilities | 44,000 | Rent expenseOffice space | 26,000 | ||||
Inventories | Rent expenseSelling space | 28,500 | |||||
Raw materials, December 31, 2018 | 157,400 | Rent expenseFactory building | 81,200 | ||||
Raw materials, December 31, 2019 | 185,000 | Maintenance expenseFactory equipment | 39,800 | ||||
Work in process, December 31, 2018 | 18,900 | Sales | 4,576,200 | ||||
Work in process, December 31, 2019 | 22,100 | Sales salaries expense | 397,400 | ||||
Finished goods, December 31, 2018 | 169,900 | ||||||
Finished goods, December 31, 2019 | 135,600 | ||||||
Required: 1. Prepare the companys 2019 schedule of cost of goods manufactured.
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