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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

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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 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 $ 28,100 Direct labor 10.zee Income taxes expense 10,4ee Indirect labor 33,30 Miscellaneous production costs 146,6ee Office salaries expense 9,800 Raw materials purchases 35,eee Rent expense-Office space Rent expense-Selling space 156,9ee Rent expense-Factory building 179,Maintenance expense-Factory equipment 15,900 Sales 21,400 Sales salaries expense 161,9ee 143,50 $686.800 276,30 55,300 11,800 67.000 939,000 25,000 27,800 1,300 36,900 4,525,900 392,700 Required information LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2017 Direct materials Raw materials inventory, December 31, 2016 $ 156,900 Raw materials purchases 939,000 Raw materials inventory, December 31, 2017 1,095,900 Raw materials available for use 2,191,800 Less: Raw materials inventory, December 31, 2017 (179,000) Direct materials used Direct labor Factory overhead Depreciation expense-Factory equipment 33,300 Factory supervision 146,600 Factory supplies used 9,800 $ 2,012,800 686,800

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