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

Materials Inventory
Debit		Credit
BB (8/1)	165,000
	682,000	610,000

Work-in-Process Inventory
Debit		Credit
BB (8/1)	307,000
Labor	576,800

Finished Goods Inventory
Debit		Credit
BB (8/1)	589,000
	960,000	777,500

Cost of Goods Sold
Debit		Credit

Manufacturing Overhead Control
Debit		Credit
	462,300

Applied Manufacturing Overhead
Debit		Credit
		453,200

Additional information for August follows:

• The labor wage rate was $28 per hour.
• During the month, sales revenue was $1,730,000, and selling and administrative costs were $324,600.
• This company has no indirect materials or supplies.
• The company applies manufacturing overhead on the basis of direct labor hours.

Required:

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.