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Number 14 Please do ALL A-F Selected information from the lowa instruments accounting reconds for Apnil follows: Additonal information for Apert follows: + The thbor
Number 14Please do ALL A-F Selected information from the lowa instruments accounting reconds for Apnil follows: Additonal information for Apert follows: + The thbor wage rate was $30 per hour - During the morth, sales revenue was $320,000, and seding end odminisvatrve costs were $73,000 - This company has no indirect materials of supplies. - The company apolies manufocturing overhesd on the bavs of direct labor-hours. - Customer feturns are discarsed and not resold. Required: a. What was the cost of diect materials putchased in Apeil? b. What was the over-or underapplied manufacturing evertead for Apri? c. What was the manufacturing owerhead application rate in Apeil? d. What was the cost of products completed during Apri? 9. What was the balance of the Work-in-Process inventory account at the beginning of Apri? f. What was the operating proft (or loss) for Apri? Any ovet of underapplied overhead is written oft to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. What was the cost of direct materials purchased in Apent? Selected information from the lowa instruments accounting reconds for Apnil follows: Additonal information for Apert follows: + The thbor wage rate was $30 per hour - During the morth, sales revenue was $320,000, and seding end odminisvatrve costs were $73,000 - This company has no indirect materials of supplies. - The company apolies manufocturing overhesd on the bavs of direct labor-hours. - Customer feturns are discarsed and not resold. Required: a. What was the cost of diect materials putchased in Apeil? b. What was the over-or underapplied manufacturing evertead for Apri? c. What was the manufacturing owerhead application rate in Apeil? d. What was the cost of products completed during Apri? 9. What was the balance of the Work-in-Process inventory account at the beginning of Apri? f. What was the operating proft (or loss) for Apri? Any ovet of underapplied overhead is written oft to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. What was the cost of direct materials purchased in Apent
Please do ALL A-F
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