Exercise 7-25 (Algo) Assigning Costs to Jobs (LO 7-2, 3) Partially completed T-accounts and additional information for Cardinals, Inc., for the month of November appear as follows. Materials Inventory Work-In-Process Inventory Finished Goods Inventory B8 (11/1) 46,000 BB (11/1) 76,000 BB (11/1) 96,000 136,000 105,000 Labor 70,000 196,000 136,000 Cost of Goods Sold Manufacturing Overhead Control Applied Manufacturing Overhead 94,000 Additional information for November follows: Labor wage rate was $20 per hour. Manufacturing overhead is applied at $25 per direct labor-hour. During the month, sales revenue was $350,000, and selling and administrative costs were $64,000. This company has no indirect materials or supplies. 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 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 Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F What cost amount of direct materials was issued to production during November? Direct materials Required Required B > 1 of 5 C os OWO The commande 1 Required Weat cost amount of the struction during home How much eucang sed proouth tung bert Wit was the could come out Who will wince of Walenty the end of What was ever one manung wd for Novel Who was the only one who Campite this question in the table Humanitatud ning 1 Now > CE ANA BI 7 B 5 S O CHWO . This comme de mare 1 Guine What cost montare material was die product on November How much morfacturing wordt med to redding Never c. What was the cost of red coming Momber What was the balance of the World Process inventory out the end of the What was never for mange for November What was the corretto for over any overlordered utestis en Castro Como Tution were in the table A co od What was the Next > M C O 5 R . w E This company has no indirect materials or supplies. 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 Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Required F What was the balance of the Work-In-Process Inventory account at the end of November? Ending balance Uucts during November? 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 Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Required F What was the over- or underapplied manufacturing overhead for November? manufacturing overhead Prev 1 of 5 Next > C 1. How mucn manutacturing 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 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 operating profit (loss) for November? Any over- or underapplied overhead is written off to C Operating profit (loss)