Materials Inventory Debit Credit 27,800 211,800 176,800 BB (4/1) Cost of Goods Sold Debit Credit 6,300 Work-in-Process Inventory Finished Goods Inventory Debit 98,400 Labor EB (4/30) 93,800 Manufacturing Overhead Control Debit Credit Debit BB (4/1) Credit 89,800 292,200 274,800 Applied Manufacturing Overhead Debit Credit 80,300 Credit 80,300 95,120 88,820 6,300 Additional information for April follows: The labor wage rate was $30 per hour. During the month, sales revenue was $321,400, and selling and administrative costs were $87,000. This company has no indirect materials 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 overhead for April? c. What was the manufacturing overhead application rate in April? d. What was the cost of products completed during April? e. What was the balance of the Work-in-Process Inventory account at the beginning of April? f. What was the operating profit (or loss) for April? Any over- or underapplied overhead is written off to Cost of Goods Sold.