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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, 2015, adjusted trial balance and other records of Leone Company. 29,600 Direct labor 695.100 Advertising expense Depreciation expense-Office equipment 11,800 Income taxes expense 259,700 Depreciation expense-Selling equipment 10,600 ndirect labor 58,700 11,900 Depreciation expense-Factory equipment 31,900 Miscellaneous production costs Factory supervision 115,600 Office salaries expense 62,000 Factory supplies used 997,000 7,900 Raw materials purchases 28,000 Factory utilities 42,000 Rent expense-Office space 25,200 Rent expense-Selling space nventories Raw materials, December 31, 2014 152,900 Rent expense-Factory building 77,000 Raw materials, December 31, 2015 184,000 Maintenance expense-Factory equipment 37,700 Work in process, December 31, 2014 18,000 Sales 4,616,900 394,500 Work in process, December 31, 2015 18,300 Sales salaries expense 166,000 Finished goods, December 31, 2014 141,600 Finished goods, December 31, 2015

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