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Saved Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, 1/1/18 Beginning Raw Materials, 1/1/18 Beginning Work in Process, 1/1/18 Direct

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Saved Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, 1/1/18 Beginning Raw 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 $16,000 of indirect material) 24,300 35,700 110,500 275,500 22,600 40, 350 129,800 304,400 Required: 1. Compute direct material used. 2. Compute applied overhead if the company applies overhead at a rate of 0.77 (77%) of direct 3. Compute total manufacturing cost 4. Compute cost of goods manufactured 5. Compute cost of goods sold. 1 3 4 5 Direct Material Used Applied Overead Total Vanufacturing Coat Cost of Goods Manufactured Cost of Goods Sold to search

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