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Chrome File Edit View History Bookmarks People Tab Window Help Thu Jul 29 8:30 PM Question XM MHE Rea M blah-jfs x | Focus
Chrome File Edit View History Bookmarks People Tab Window Help Thu Jul 29 8:30 PM Question XM MHE Rea M blah-jfs x | Focus T2 Memphis X Memphis X MMM at x Big Carte X UofMon Grades - X Course HX + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a... Saved Help Save & Exit Submit Ch. 7 Required Assignment (Graded) 4 Partially completed T-accounts and additional information for Cardinals, Inc., for the month of November appear as follows. Materials Inventory Work-In-Process Inventory 2 BB (11/1) points 49,000 139,000 BB (11/1) 108,000 Cost of Goods Sold Labor 79,000 114,000 Manufacturing Overhead Control 97,000 Finished Goods Inventory BB (11/1) 99,000 199,000 139,000 Applied Manufacturing Overhead eBook Print Additional information for November follows: References Labor wage rate was $30 per hour. Manufacturing overhead is applied at $23 per direct labor-hour. During the month, sales revenue was $365,000, and selling and administrative costs were $67,000. This company has no indirect materials or supplies. Mc Graw Hill Required: a. What cost amount of direct materials was issued to production during November? b. How much manufacturing overhead was applied to products during November? c. What was the cost of products completed during November? d. What was the balance of the Work-in-Process Inventory account at the end of November? e. What was the over- or underapplied manufacturing overhead for November? f. What was the operating profit (loss) for November? Any over- or underapplied overhead is written off to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. 7,529 JUL 29 < Prev 4 of 5 Next > tv A W Check my work M M
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