connect ch-18

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

value:
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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