At the beginning of August, Hogancamp Corporation had $34,500 of raw materials on hand. During the month, the company purchased an additional $81,900 of raw materials. During August, $79,700 of raw materials were requisitioned from the storeroom for use in production. The credits to the Raw Materials account for the month of August total:

	$34,500
	$79,700
	$81,900
	$116,400

Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $104,720 and 3,400 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $106,520 and actual direct labor-hours were 3,200.

The predetermined overhead rate for the year was: (Round your answer to 2 decimal places.)

	$32.82
	$29.56
	$30.80
	$31.50

During September, Stutzman Corporation incurred $94,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $88,000.

The journal entry to record the application of Manufacturing Overhead to Work in Process would include a:

	credit to Manufacturing Overhead of $88,000
	debit to Work in Process of $94,000
	debit to Manufacturing Overhead of $88,000
	credit to Work in Process of $94,000