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Problem 18-3A Schedule of cost of goods manufactured and income statement; inventory analysis LO P2,...

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Accounting

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Problem 18-3A Schedule of cost of goods manufactured and income statement; inventory analysis LO P2, A1 [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. s 27,188 Direct labor Advertising expense Depreciation expense-office equipment Depreciation expense-Selling equipment Depreciation expense-factory equipment Factory supervision Factory supplies used Factory utilities Inventories 677,886 242, 300 58, 300 11,100 71,88e 964,000 23,800 28,900 8, 300 Income taxes expense 9,686 Indirect labor 35,500 Miscellaneous production costs 109,500 Office salaries expense B,400 Raw materials purchases 33,080 Rent expense-Office space Rent expense-Selling space 78,700| 156, 186 Rent expense-Factory bui1ding 184,000 Maintenance expense-Factory equipment Raw materials, December 31, 2616 Raw materials, Decenber 31, 2017 Work in process, December 31, 2816 Work in process, December 31, 2017 Finished goods, December 31, 2816 Finished goods, December 32, 2017 18,280 Sales 22, 300 Sales salaries expense 35,400 4,616,406 397,5e0 167, 100 136,200

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