Exercise 7-24 Assigning Costs to Jobs (LO 7-2, 3) Partially completed T-accounts and additional information for Cardinals, Inc., for the month of November appear next: Materials Inventory Work-In-Process Inventory Finished Goods Inventory BB (11/1) 39,000 BB (11/1) 69,000 BB (11/1) 89,000 129,000 98,000 Labor 98,000 129,000 Cost of Goods Sold Manufacturing Overhead Control Applied Manufacturing Overhead 189,000 87,000 Additional information for November follows: Labor wage rate was $35 per hour. Manufacturing overhead is applied at $29 per direct labor-hour. During the month, sales revenue was $315,000, and selling and administrative costs were $57,000. This company has no indirect materials or supplies. Required: a. What cost amount of direct materials was issued to production during November? Direct materials b. How much manufacturing overhead was applied to products during November? Manufacturing overhead c. What was the cost of products completed during November? Cost of products completed d. What was the balance of the Work-in-Process Inventory account at the end of November? Ending balance e. What was the over- or underapplied manufacturing overhead for November? manufacturing overhead f. What was the operating profit (loss) for November? Operating profit (loss)