The following calendar year-end information is taken from the December 31, 2013, adjusted trial balance and other records of DeLeon Company.
| Advertising expense | $ | 25,000 | Direct labor | $ | 685,000 | ||
| Depreciation expense—Office equipment | 11,600 | Income taxes expense | 287,000 | ||||
| Depreciation expense—Selling equipment | 10,700 | Indirect labor | 59,800 | ||||
| Depreciation expense—Factory equipment | 36,000 | Miscellaneous production costs | 9,900 | ||||
| Factory supervision | 101,100 | Office salaries expense | 74,000 | ||||
| Factory supplies used | 8,700 | Raw materials purchases | 962,000 | ||||
| Factory utilities | 35,000 | Rent expense—Office space | 27,000 | ||||
| Inventories | Rent expense—Selling space | 29,400 | |||||
| Raw materials, December 31, 2012 | 158,300 | Rent expense—Factory building | 81,900 | ||||
| Raw materials, December 31, 2013 | 185,000 | Maintenance expense—Factory equipment | 38,900 | ||||
| Goods in process, December 31, 2012 | 19,200 | Sales | 4,580,000 | ||||
| Goods in process, December 31, 2013 | 24,400 | Sales discounts | 63,200 | ||||
| Finished goods, December 31, 2012 | 163,300 | Sales salaries expense | 391,200 | ||||
| Finished goods, December 31, 2013 | 135,400 | ||||||
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9.
value:
10.00 points
10.00 points
Required information
| Required: |
| 1. |
Prepare the company’s 2013 manufacturing statement.
2. Prepare the company’s 2013 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses. |
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