Reference no: EM132622111

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

Advertising expense $26,600

Direct labor $694,500

Depreciation expense-Office equipment 8,400

Income taxes expense 244,800

Depreciation expense-Selling equipment 10,400

Indirect labor 59,800

Depreciation expense-Factory equipment 36,100

Miscellaneous production costs 10,600

Factory supervision 101,000

Office salaries expense 66,000

Factory supplies used 7,800

Raw materials purchases 993,000

Factory utilities 42,000

Rent expense-Office space 21,000

Inventories

Rent expense-Selling space 25,400

Raw materials, December 31, 2016 159,000

Raw materials, December 31, 2017 194,000

Work in process December 31, 2016 16,000

Work in process, December 31, 2017 21,400

Finished goods, December 31, 2016 163,900

Finished goods, December 31, 2017 143,100

Maintenance expense-Factory equipment 37,700,

Rent expense-Factory building 76,800

Sales 4,545,600

Sales salaries expense 395,000

Required - Prepare the company's 2017 schedule of cost of goods manufactured.