Bush Company budgeted that it would incur $176,000 of manufacturing overhead costs in the upcoming period. By the end of the period, Bush had actually incurred manufacturing overhead costs totaling $200,000. Other information from the company's accounting records is provided below:

-Beginning Work in Process Inventory was $50,000, whereas ending Work in Process Inventory was $40,000

-Total manufacturing costs of $590,000 were charged to Work in Process Inventory during the period. This amount included direct materials costs of $320,000.

-Workers logged 5,000 direct labor hours during the period.

-Beginning Finished Goods Inventory was $60,000.

-The Manufacturing Overhead account had a $40,000 debit balance immediately prior to closing at the end of the period. Manufacturing overhead was applied to jobs throughout the period on the basis of direct labor hours.

-Prior to any adjustment to account for overapplied or underapplied manufacturing overhead, Cost of Goods Sold had a $580,000 debit balance.

-Sales for the period totaled $1,520,000, whereas selling and administrative expenses totaled $700,000

Determine how much manufacturing overhead was applied to jobs during the period.

Manufacturing overhead applied?__________

Determine the company's manufacturing overhead application rate per direct labor hour.

Manufacturing overhead application? _______ DLH

How many direct labor hours were budgeted at the beginning of the period?

Direct labor hours budgeted? _____DLH

What was the average hourly wage rate earned by direct labor workers?

Direct labor rate_______per hour

What was the company's ending Finished Goods Inventory balance?

Ending finished goods inventory? ___________

F What was the company's net income for the period? Ignore taxes.

Net income________