Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, January 1...
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Accounting
Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, January 1 $ 24,900 Beginning Raw Materials, January 1 36,300 Beginning Work in Process, January 1 111,100 Direct Labor for the current year 276,100 Ending Finished Goods, December 31 23,200 Ending Raw Materials, December 31 40,650 Ending Work in Process, December 31 121,400 Material Purchases for the current year(including $19,000 of indirect material) 305,000 Note: The pre-determined overhead rate is 0.83 (83%
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