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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

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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) 48,000 BB (11/1) 78,000 BB (11/1) 98,000 138,000 107,600 Labor 111,000 198,000 138,600 Cost of Goods Sold Manufacturing Overhead Control Applied Manufacturing Overhead 96,000 Additional information for November follows: Labor wage rate was $30 per hour. Manufacturing overhead is applied at $24 per direct labor-hour. During the month, sales revenue was $360,000, and selling and administrative costs were $66,000. . 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? 1. What was the operating profit (loss) for November? Any over or underapplied overhead is written off to Cost of Goods Sold Complete this question by entering your answers in the tabs below

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