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help B-F please Selected information from the lowa linstruments accounting records for April follows: Additional information for April follows: - The labor wage rate was
help B-F please
Selected information from the lowa linstruments accounting records for April follows: Additional information for April follows: - The labor wage rate was $30 per hour. - During the month, soles revenue was $321,200, and solling and administrative costs were $85,000 - This company has no indirect moterials or supplies - The company applies manufacturing overhead on the basis of direct labor-hours. - Customer returns are discarded and not resold. Required: a. What was the cost of direct materials purchased in April? b. What was the over, or underapplied manufacturing ovorhead for Aprit? c. What was the manufacturing overhead application rate in April? d. What was the cost of products completed diring April? e. What was the balance of the Work-In.Process inventory account at the beginning of Apris? f. What was the operating profit (or loss) for April? Any over- or undarapplied overhead is written off to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. What was the ower- or underepplied manufacturing overhead for April Step by Step Solution
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