Determine and Use Overhead Rate

The following selected ledger accounts of Cameron Company are for February ( Materials Inventory Feb. 1 balance 63,000 February credits 226,000 February debits 208,000 Manufacturing Overhead February debits 274,400 Feb. 1 balance 23,200 February credits 272,700 Work in Process Inventory Feb. 1 balance February debits: Direct material Direct Labor Man. overhead 44,800 February credits 690,000 190,000 303,000 272,700 Wages Payable February debits 387,000 Feb. 1 balance 90,000 February credits 354,000 Finished Goods Inventory Feb. 1 balance 153,000 February credits 767,400 February debits 690,000