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Manufacturing costs for Davenport Company during 2018 were as follows: Bring Finished Goods, 1/1/18 Beim...

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Accounting

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Manufacturing costs for Davenport Company during 2018 were as follows: Bring Finished Goods, 1/1/18 Beim Raw Materials, 1/1/18 Beginning work in Press, 1/1/18 Direct Libor for 2018 Fnding Finished Gods, 12/11/18 Ending Materials, 19/01/18 Fading work in process, 12/31/18 Material Purchases for 2018 Kincluding $22,000 of Indirect material) 525,50 36.100 111,700 $286.700 23,00 40.95 127,000 Note: The pre-determined overhead rate is 0.89 (89%) of direct labor cost. Required: 1. Prepare a Cost of Goods Manufactured report 2. Prepare a Portal Income Statement of sales revenue was $1.390,000 and operating expenses were $280,000 for 2018 Complete this question by entering your answers in the tabs below. Required 1 Prepare a cost of Goods Manufactured report. DAVENPORT COMPANY Cost of Goods Manufactured Report For the Year 2018 Direct Materials used in Production Total Current Manufacturing Costs Cost of Coods Manucured Required? Required 1 Refred? Prepare a Partial Income Statement of sales revenue was $1.390,000 and operating expenses were 5280,000 for 2018 DAVENPORT COMPANY Income Statement For the Year 2018 Less Cost of Goods Sold Cost of Goods Avatable for Sale Cost of Goods Sold Net Income from Operations

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