Using the following additional information for Leone Company, complete the requirements below.

Required:

Prepare the schedule of cost of goods manufactured for the current year.

Prepare the current year income statement. $1$

Required information

Required $1$

Required $2$

Prepare the schedule of cost of goods manufactured for the current year.

$\backslash$table$[[$LEONE COMPANY$],[$Schedule of Cost of Goods Manufactured$],[$For Year Ended December $31],[$Direct materials,,,$],[$Raw materials inventory, beginning,$198,000,,],[$Raw materials purchases,$990,000,,],[$Advertising expense,$67,000,,],[$Raw materials available for use,$1,255,000,,],[$Less: Raw materials inventory, ending,$203,000,,],[$Direct materials used,,$$,1,052,000],[$Direct labor,,,$556,000],[$Factory overhead$],[$Depreciation expense$-$Factory equipment,$89,000,,],[$Rent expense$-$Factory building,$173,000,,],[$Factory utilities,$40,800,,],[$Indirect labor,$83,000,,],[$Maintenance expense$-$Factory equipment,$47,700,,],[$Rent expense$-$Office space,$30,000,,],[$Rent expense$-$Selling space,$72,000,,],[$Total factory overhead,,,$535,500],[$Total manufacturing costs,,,$2,143,500],[$Add: Work in process inventory, beginning,,,$59,000],[$Total cost of work in process,,,$2,202,500],[$Less: Work in process inventory, ending,,,$63,000],[$Cost of goods manufactured,,$$,2,139,500]]$ Required information

$[$The following information applies to the questions displayed below.$]$

Listed here are the costs associated with the production of $1,000$ drum sets manufactured by TrueBeat.

Plastic for casing$-$$$16,000$

Costs

Wages of assembly workers$-$ $$90,000$

Property taxes on factory$-$ $$7,000$

Office accounting salaries$-$ $$41,000$

Drum stands$-$$$31,000$

Rent cost of office for accountants$-$ $$24,000$

Office management salaries$-$ $$190,000$

Annual fee for factory maintenance$-$ $$19,000$

Sales commissions$-$$$18,000$

Factory machinery depreciation, straight$-$line$-$$$44,000$

Compute the average manufacturing cost per drum set.