Question: please help me solve this question its oart 1 &2 The following year-end Information is taken from the December 31 adjusted trial balance and other


The following year-end Information is taken from the December 31 adjusted trial balance and other records of Leone Company Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense Factory equipment Raw materials purchases (all direct materials) Maintenance expense-Factory equipment Factory utilities Direct labor Indirect labor Office salaries expense Rent expense-Office space Rent expenses.Selling space Rent expense-Factory building Sales salaries expense $ 68,000 47,000 48,000 90,000 1,028,888 48, Bee 41,600 560,000 84,800 50,000 30.680 72,800 173,000 415.000 Required: Identity each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense (Leave no cell blank. Enter "NA- Not a product cost" or "NA- Not a period cost" for expenses that are not product cost or period cost.) Type of Product Cost Type of Period Cost Costs 1. Advertising expense 2. Depreciation expense-Office equipment 3. Depreciation expense-Selling equipment 4 Depreciation expense Factory equipment 5. Raw materials purchases (all direct materials) B. Maintenance opene Factory equipment 7 Factory utilities 8. Direct labor Indirect labor 10 Office salaries expense 11. Rent expense Office space 12 Rent expenseSelling space 19 Rent expense Factory building 14. Sales sales expense Required information [The following information applies to the questions displayed below) The following year-end Information is taken from the December 31 adjusted trial balance and other records of Leone Company Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-factory equipment Rase materials purchases (ali direct naturals) Maintenance expense-factory equipment Factory utilities Direct labor Indirect labor Office salaries expense Rent expense-Office space Rent expense-Selling Space Rent expense Factory building Sales salaries expense $ 68.00 47,00 48,000 90,000 1,600.ece 48.000 41.000 560,000 84,00 se, see 30,eee 72.000 173,000 415.000 Using the following additional information for Leone Company, complete the requirements below. Raw materials inventory, beginning $ 200,000 Raw materials Inventory, uning 205.000 Work in process Inventory, beginning 60,000 Sales 3.251.ee Work in process Inventory, ending 64.000 Finished goods Inventory, beginning 84.ee Finished goods Sventory, ending 92,000 Required: 1. Prepare the schedule of cost of goods manufactured for the current year. 2. Prepare the current year income statement Complete this question by entering your answers in the tabs below. Required: Required 2 Prepare the schedule of cost of goods manufactured for the current year. Finished 80s thventory. Required: 1. Prepare the schedule of cost of goods manufactured for the current year. 2 Prepare the current year income statement Complete this question by entering your answers in the tabs below. Required: Required 2 Prepare the schedule of cost of goods manufactured for the current year. LEONE COMPANY Schedule of Cost of Goode Manufactured For Year Ended December 31 Direct materials Raw materiais available for use Direct materials used Factory overhead Total factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 2 >
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