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Manufacturing costs for Davenport Company during 2018 were as follows Beginning Finished Goods, 1/1/18 Beginning Kaw Materials, 1/1/18 Beginning Work in Process, 1/1/18 Direct
Manufacturing costs for Davenport Company during 2018 were as follows Beginning Finished Goods, 1/1/18 Beginning Kaw Materials, 1/1/18 Beginning Work in Process, 1/1/18 Direct Labor for 2018 Ending Finished Goods, 12/31/18 Ending Raw Materials, 12/31/18 Ending Work in Process, 12/31/18 Material Purchases for 2018 (including $21, see of indirect material) 525,400 36,00 111,600 $276,600 23,700 40,900 121,900 305,500 Note: The pre-determined overhead rate is 0.88 (88%) of direct labor cost Required: 1. Prepare a Cost of Goods Manufactured report. 2. Prepare a Partial Income Statement if sales revenue was $1,380,000 and operating expenses were $275,000 for 2018. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a Cost of Goods Manufactured report. DAVENPORT COMPANY Cost of Goods Manufactured Report For the Year 2018 Direct Materials Used in Production Total Current Manufacturing Costs Cost of Goods Manufactured Required 1 Required 2 >
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