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 $ 26,000 37,400 112,200 277,200 24,300 41,200 122,500 Material Purchases for the current year (including $24,500 of indirect material) 306,100 Required: 1. Compute direct material used. 2. Compute applied overhead if the company applies overhead at a rate of 0.94 (94%) of direct labor cost. 3. Compute total manufacturing cost. 4. Compute cost of goods manufactured. 5. Compute cost of goods sold. 1. Direct Material Used 2. Applied Overhead 3. Total Manufacturing Cost 4. Cost of Goods Manufactured 5. Cost of Goods Sold