1.

Selected information from the Blake Corporation accounting records for June follows:

Materials Inventory
BB (6/1)	86,000
	458,000	413,000

Work-In-Process Inventory
Labor	310,000
EB(6/30)	510,000

Finished Goods Inventory
BB (6/1)	288,000
	833,000	830,000

Cost of Goods Sold
		21,000
Manufacturing Overhead Control
	320,000
		320,000

Applied Manufacturing Overhead
		341,000
	320,000
	21,000

Additional information for June follows:

Labor wage rate was $20 per hour.

During the month, sales revenue was $1,023,000, and selling and administrative costs were $233,000.

This company has no indirect materials or supplies.

The company applies manufacturing overhead on the basis of direct labor-hours.

Required:

What was the cost of direct materials purchased in June?

Direct materials

?

b. What was the over- or underapplied manufacturing overhead for June?

Overapplied or Underapplied?

Manufacturing overhead

?

c. What was the manufacturing overhead application rate in June?

Manufacturing overhead

?

Per direct-labor hour

d. What was the cost of products completed during June?

Cost of products completed

?

e. What was the balance of the Work-in-Process Inventory account at the beginning of June?

Beginning balance

?

f. What was the operating profit (or loss) for June? (Negative amounts should be indicated by a minus sign.)

Operating profit (loss)

?

2. Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory for August:

	Description	Amount
August 1	Balance	$	13,800
For the month	Direct materials		81,800
For the month	Direct labor		54,400
For the month	Factory overhead		43,520
For the month	To finished goods	(	161,400	)

Mary's applies overhead to production at a predetermined rate of 80 percent based on direct labor cost. Job 3318, which was started during August and is the only job still in process at the end of August, has been charged direct labor of $6,300.

Required:

What cost amount of direct materials was charged to Job 3318?

Direct materials

?