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 $19,000 of indirect material) $ 24,900 36,300 111,100 $276,100 23,200 40,650 Sales Revenue Less: Cost of Goods Sold Beginning Finished Goods Inventory Plus: Costs of Goods Manufactured Cost of Goods Available for Sale Plus Ending Finished Goods Inventory Cost of Goods Sold Gross Profit Less: Operating (Period) Expenses Net Income from Operations 121,400 305,000 Note: The pre-determined overhead rate is 0.83 (83%) of direct labor cost. Required: 1. Prepare a Cost of Goods Manufactured report. 2. Prepare a Partial Income Statement if sales revenue was $1,330,000 and operating expenses were $250,000 for 2018. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a Partial Income Statement of sales revenue was $1,330,000 and operating expenses were $250,000 for 2018. DAVENPORT COMPANY Income Statement For the Year 2018 24.900 23.200 S 1,330,000 250,000

Note: The pre-determined overhead rate is 0.83(83%) of direct labor cost. Required: 1. Prepare a Cost of Goods Manufactured report 2. Prepare a Partial Income Statement if sales revenue was $1,330,000 and operating expenses were $250,000 for 2018. Complete this question by entering your answers in the tabs below: Pregare a Patsal toceme Scacenest if sales revenue was 51.330 .000 and opervong eiperses wert $250.000