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(Solved): Manufacturing costs for Davenport Company during 2018 were as follows: Required: 1. Compute direct ...




Manufacturing costs for Davenport Company during 2018 were as follows:
Required:
1. Compute direct material used.
2. Compute
Manufacturing costs for Davenport Company during 2018 were as follows: Required: 1. Compute direct material used. 2. Compute applied overhead if the company applies overhead at a rate of \( 0.79 \) (79\%) of direct labor cost. 3. Compute total manufacturing cost. 4. Compute cost of goods manufactured. 5. Compute cost of goods sold. (8) Answer is complete but not entirely correct.


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Explanation: 1. Direct Material Used = Beginning raw materials + materials purchased - indirect materials - ending raw materials = $35,
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