Partially completed T-accounts and additional information for Dumfries Designs for the month of August follow:

Materials InventoryDebitCredit BB (8/1)167,400 684,400612,400 Work-in-Process InventoryDebitCredit BB (8/1)309,400 Labor824,000 Finished Goods InventoryDebitCredit BB (8/1)591,400 969,600779,900 Cost of Goods SoldDebitCredit Manufacturing Overhead ControlDebitCredit 709,740 Applied Manufacturing OverheadDebitCredit 700,400

Additional information for August follows:

• The labor wage rate was $40 per hour.
• During the month, sales revenue was $1,754,000, and selling and administrative costs were $327,000.
• This company has no indirect materials or supplies.
• The company applies manufacturing overhead on the basis of direct labor-hours.

Required:

What was the cost of direct materials issued to production during August?

What was the over- or underapplied manufacturing overhead for August?

What was the manufacturing overhead application rate in August?

What was the cost of products completed during August?

What was the balance of the Work-in-Process Inventory account at the end of August?

What was the operating profit for August? Any over- or underapplied overhead is written off to Cost of Goods Sold.