Determine and Use Overhead Rate The following selected ledger accounts of Cameron Company are for February (the second month of its accounting year): Materials Inventory Feb. 1 balance 31,500 February credits 113,000 February debits 104,000 Manufacturing Overhead February debits 137,200 Feb. 1 balance 11,600 February credits 136,350 Work in Process Inventory Feb. 1 balance 22,400 February credits 345,000 February debits: Direct material 95,000 Direct Labor 151,500 Man. overhead 136,350 Wages Payable February debits 193,500 Feb. 1 balance 45,000 February credits 177,000 Finished Goods Inventory Feb. 1 balance 76,500 February credits 383,700 February debits 345,000 a. Determine the amount of indirect material requisitioned for production during February. b. How much indirect labor cost was apparently incurred during February? $ C. Calculate the manufacturing overhead rate based on direct labor cost. % d. Was manufacturing overhead for February under- or overapplied, and by what amount? Manufacturing overhead was by $ for February e. Was manufacturing overhead for the first two months of the year under or overapplied, and by what amount? Manufacturing overhead was by $ for the first two months. f. What is the cost of production completed in February? $ g. What is the cost of goods sold in February? TA