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The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and...

The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company.

Advertising expense $ 33,300 Direct labor $ 678,000
Depreciation expense—Office equipment 10,200 Income taxes expense 269,000
Depreciation expense—Selling equipment 9,700 Indirect labor 56,100
Depreciation expense—Factory equipment 33,400 Miscellaneous production costs 9,900
Factory supervision 116,400 Office salaries expense 67,000
Factory supplies used 9,600 Raw materials purchases 936,000
Factory utilities 31,000 Rent expense—Office space 27,000
Inventories Rent expense—Selling space 27,100
Raw materials, December 31, 2018 150,500 Rent expense—Factory building 77,100
Raw materials, December 31, 2019 182,000 Maintenance expense—Factory equipment 37,300
Work in process, December 31, 2018 18,800 Sales 4,446,300
Work in process, December 31, 2019 24,900 Sales salaries expense 394,900
Finished goods, December 31, 2018 163,800
Finished goods, December 31, 2019 135,900

1. Prepare the company’s 2019 schedule of cost of goods manufactured.

LEONE COMPANYSchedule of Cost of Goods ManufacturedFor Year Ended December 31, 2019Direct materialsRaw materials inventory, December 31, 2018Raw materials available for use0Direct materials used$0Factory overheadTotal factory overhead costs0Total manufacturing costs0Total cost of work in process0Cost of goods manufactured$0

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ekkarill92 answered 1 year ago
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