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Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, January 1 Beginning Raw Materials, January 1 Beginning Work in Process,
Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, January 1 Beginning Raw Materials, January 1 Beginning Work in Process, January 1 Direct Labor for the current year Ending Finished Goods, December 31, Ending Raw Materials, December 31 Ending Work in Process, December 31 Material Purchases for the current year (including $15,500 of indirect material) $ 24,200 35,600 110,400 275,400 22,500 40,300 120,700 304,300 Note: The pre-determined overhead rate is 0.76 (76%) of direct labor cost. Required: 1. Prepare a Cost of Goods Manufactured report. 2. Prepare a Partial Income Statement if sales revenue was $1,260,000 and operating expenses were $215,000 for the current yea 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 Current Year
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