Question

Required information (The following information applies to the questions displayed below.) The following calendar year-end information is taken from the December 31, 2019, 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, Decenber 31, 2018 Raw materials, December 31, 2019 Work in process, December 31, 2018 Work in process, December 31, 2019 Finished goods, December 31, 2018 Finished goods, December 31, 2019 $ 25,300 Direct labor 8.700 Income taxes expense 9.700 Indirect labor 33,700 Miscellaneous production costs 127,800 Office salaries expense 8,900 Raw materials purchases 32,000 Rent expense office space Rent expense-Selling space 157,300 Rent expense-Pactory building 185,000 Maintenance expense Factory equipment 18,700 Sales 22,500 Sales salaries expense 166.300 137,500 $ 693.900 289, 200 58,000 10,900 66,000 942,000 25,000 29, 200 81,600 35.600 4,445,200 395,100 Required: 1. Prepare the company's 2019 schedule of cost of goods manufactured LEONE COMPANY Schedule of Cost of Goods Manufactured For Year Ended December 31, 2019 Direct materials Raw materials available for use Direct materials used Factory Overhead < Prev 3 4 of 5 ! Next >

Answer 1

Schedule of cost of goods manufactured
Direct material
raw material inventory at beginning					157300
Add: purchase of raw material					942000
raw material available for production					1099300
less: raw material inventory at the end					185000
direcr material used					914300
Direct labor					693900
Factory overhead
Depreciation expenses-factory equipment				33700
factory supervision				127800
factory supplies used				8900
factory utilities				32000
indirect labor				58000
miscellaneous prodution cost				10900
rent expenses- factory building				81600
					352900
total manufacturing cost					1961100
add: work in process beginning inventory					18700
less: work in process ending inventory					22500
cost of goods manufactured					1957300

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Answer 2

the above is correct but it's missing maintenance expense-factory equipment under factory overhead.