The Following Information Pertains to Davis, Inc

question 20

Essay

The following information pertains to Davis, Inc.: $\begin{array}{lr}\text { Direct materials purchases } & £ 62,400 \\\text { Beginning direct materials } & 10,400 \\\text { Factory overhead } & 58,400 \\\text { Beginning work in progress } & 10,600 \\\text { Cost of goods manufactured } & 164,000 \\\text { Ending finished goods } & 20,000 \\\text { Gross profit } & 21,000 \\\text { Selling and administrative expenses } & 7,000\\\text { Beginning finished goods } & 16,000 \\\text { Ending work in progress } & 8,000 \\\text { Ending direct materials } & 12,400 \\\text { Direct labour } & ? \\\text { Direct materials used } & ? \\\text { Net income (loss) } & ? \\\text { Total manufacturing costs added } & ? \\\text { Cost of goods sold } & ? \\\text { Sales } & ?\end{array}$

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Definitions:

Nonparticipation

Refers to choosing not to take part in social, political, or formal activities or processes.

Voting Process

The procedure by which individuals express their choice or opinion in a democratic system, often through casting a ballot.

Affluent Members

Individuals or groups possessing a significantly higher than average level of wealth, income, or material possessions.

Policy Advocacy

The act of actively promoting and pushing for changes in public policy to address specific issues or causes.