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Complete this question by entering your answers in the tabs below. Required A Required C Required B Required D Required E Required F What was
Complete this question by entering your answers in the tabs below. Required A Required C Required B Required D Required E Required F What was the over- or underapplied manufacturing overhead for February? manufacturing overhead Required A Required B Required C Required E Required D Required F What was the manufacturing overhead application rate in February? Manufacturing overhead Required A Required C Required E Required B Required D Required F What was the cost of products completed during February? Cost of products completed Required A Required C Required B Required D Required E Required F What was the balance of the Work-in-Process Inventory account at the end of February? Ending balance Required A Required B Required C Required D Required E Required F What was the operating profit for February? Any over- or underapplied overhead is written off to Cost of Goods Sold. (Loss amounts should be indicated with a minus sign.) Operating profit (loss) 1 Partially completed T-accounts and additional information for Pine Ridge Corporation for the month of February follow. Materials Inventory Finished Goods Inventory 201,500 346,300 Work-In-Process Inventory 56,600 101,100 B (2/1) (2/1) Labor (2/1) 228,700 189,900 185,500 249,600 Manufacturing overhead Control Applied Manufacturing overhead Cost of Goods Sold 156,900 139,125 eBook Additional information for February follows: Labor wage rate was $27 per hour. During the month, sales revenue was $$601,700, and selling and administrative costs were $103,700. This company has no indirect materials or supplies. The company applies manufacturing overhead on the basis of direct labor costs Print erences Required: a. What was the cost of direct materials issued to production during February? b. What was the over- or underapplied manufacturing overhead for February? c. What was the manufacturing overhead application rate in February? d. What was the cost of products completed during February? e. What was the balance of the Work-in-Process Inventory account at the end of February? f. What was the operating profit for February? Any over- or underapplied overhead is written off to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F What was the cost of direct materials issued to production during February? Direct materials Complete this question by entering your answers in the tabs below. Required A Required C Required B Required D Required E Required F What was the over- or underapplied manufacturing overhead for February? manufacturing overhead Required A Required B Required C Required E Required D Required F What was the manufacturing overhead application rate in February? Manufacturing overhead Required A Required C Required E Required B Required D Required F What was the cost of products completed during February? Cost of products completed Required A Required C Required B Required D Required E Required F What was the balance of the Work-in-Process Inventory account at the end of February? Ending balance Required A Required B Required C Required D Required E Required F What was the operating profit for February? Any over- or underapplied overhead is written off to Cost of Goods Sold. (Loss amounts should be indicated with a minus sign.) Operating profit (loss) 1 Partially completed T-accounts and additional information for Pine Ridge Corporation for the month of February follow. Materials Inventory Finished Goods Inventory 201,500 346,300 Work-In-Process Inventory 56,600 101,100 B (2/1) (2/1) Labor (2/1) 228,700 189,900 185,500 249,600 Manufacturing overhead Control Applied Manufacturing overhead Cost of Goods Sold 156,900 139,125 eBook Additional information for February follows: Labor wage rate was $27 per hour. During the month, sales revenue was $$601,700, and selling and administrative costs were $103,700. This company has no indirect materials or supplies. The company applies manufacturing overhead on the basis of direct labor costs Print erences Required: a. What was the cost of direct materials issued to production during February? b. What was the over- or underapplied manufacturing overhead for February? c. What was the manufacturing overhead application rate in February? d. What was the cost of products completed during February? e. What was the balance of the Work-in-Process Inventory account at the end of February? f. What was the operating profit for February? Any over- or underapplied overhead is written off to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F What was the cost of direct materials issued to production during February? Direct materials
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