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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 tria and other
The following information applies to the questions displayed below.) The following calendar year-end information is taken from the December 31, 2017, adjusted tria and other records of Leone Company. Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory Utilities Inventories Raw materials, December 31, 2016 Raw materials, December 31, 2017 Work in process, December 31, 2016 Work in process, December 31, 2017 Finished goods, December 31, 2016 Finished goods, December 31, 2017 $ 29, 109 Direct labor 9.600 Income taxes expense 10.300 Indirect labor 34. 100 Miscellaneous production 140, 600 office salaries expense 9,800 Raw materials purchases 45,000 Rent expense-office space Rent expense-Selling space 157,700 Rent expense-Factory build 179.000 Maintenance expense-Factory 17800 Sales 22,200 Sales salaries expense 164,400 139, 409 splayed below.) From the December 31, 2017, adjusted trial balance $ 29, 100 Direct labor 9,600 Income taxes expense 10,300 Indirect labor 34, 100 Miscellaneous production costs 140, 600 office salaries expense 9,800 Raw materials purchases 45,000 Rent expense-office space Rent expense-Selling space 157, 700 Rent expense-Factory building 179,000 Maintenance expense-Factory equipment 17,800 Sales 22, 200 Sales salaries expense 164, 400 139400 $ 681,600 269,500 59,900 9, 600 68,000 983, 000 23,000 28, 300 80, 300 39, 100 4, 486, 200 391, 900 Required: 1. Prepare the company's 2017 schedule of cost of goods manufactured. LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Direct materials Raw materials available for use Direct materials used Factory overhead Total factory overhead costs Total manufacturing costs Total cost of work in process Cost of goods manufactured
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