Question: please answer part 1 and 2 Required information Problem 14-3A Schedule of cost of goods manufactured and Income statement; Inventory analysis LO P2, A1 The


Required information Problem 14-3A 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, 2019, adjusted trial balance and other records of Leone Company $ 26,400 10,800 10,700 37,700 119,600 7,800 45,000 Advertising expense Depreciation expense-office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Pactory supplies used Factory utilities Taventories Raw materials, December 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 Direct labor Income taxes expense Indirect labor Miscellaneous production costs office salaries expense Raw materials purchases Rent axpanse-office space Rent expenseelling space Rent expense Factory building Maintenance expense-ractory equipment Sales Sales salaries expense 676,300 294,700 59,300 9,900 75,000 994,000 24,000 26,600 82,400 38,800 4,485,300 395,000 169,300 193,000 17,900 21,100 160,400 141,400 Problem 14-3A Part 1 Required: 1. Prepare the company's 2019 schedule of cost of goods manufactured, Required: 1. Prepare the company's 2019 schedule of cost of goods manufactured. LEONE COMPANY Schedule of Coat of Goods Manufactured For Year Ended December 31, 2019 Direct materials Rew materials available for use 0 Direct materials used $ 0 Factory overhead 0 Total factory overhead costs Total manufacturing costs 0 Total cost of work in process 0 $ 0 Cost of goods manufactured Problem 14-3A Part 2 2. Prepare the company's 2019 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses. LEONE CON Income Far Year End December 31, 2016 Cost of goods sold Goods available for sale Cost of goods sold 0 0 Operating expenses Seling expenses 0 Total seling expenses General and administrative expenses 0 Total general and administrative expenses Total operating expenses Incorne before ex del indone
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