- Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $9 per direct labor hour. Direct labor wages average $10 per hour. The following additional cost information is available for August: Direct Materials Direct Labor Level 1 $1,200 $1,800 Level 2 $8,000 $4,800 Level 3 $2,100 $360 Level 4 $3,000 $1,200 The sales staff is paid a 2% commission on all sales for the period. The company closes out the total over/underapplied manufacturing overhead to Cost of Goods Sold at the end of each month. Calculate the following given actual MOH of $8,200 incurred during August. The amount of MOH applied to all jobs in process during August equals $7. The adjusted COGS reported on the Income Statement for August equals $ 7. The gross profit reported on the Income Statement for August equals $7. The ending work in process balance reported on the Balance Sheet for August equals $7