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Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, January 1 $ 25,700 Beginning Raw Materials, January 1 37,100 Beginning Work

Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, January 1 $ 25,700 Beginning Raw Materials, January 1 37,100 Beginning Work in Process, January 1 111,900 Direct Labor for the current year 276,900 Ending Finished Goods, December 31 24,000 Ending Raw Materials, December 31 41,050 Ending Work in Process, December 31 122,200 Material Purchases for the current year (including $23,000 of indirect material) 305,800 Required: Compute direct material used. Compute applied overhead if the company applies overhead at a rate of 0.91 (91%) of direct labor cost. Compute total manufacturing cost. Compute cost of goods manufactured. 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

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