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

Materials Inventory
Debit		Credit
BB (8/1)	167,000
	684,000	612,000

Work-in-Process Inventory
Debit		Credit
BB (8/1)	309,000
Labor	782,800

Finished Goods Inventory
Debit		Credit
BB (8/1)	591,000
	968,000	779,500

Cost of Goods Sold
Debit		Credit

Manufacturing Overhead Control
Debit		Credit
	668,500

Applied Manufacturing Overhead
Debit		Credit
		659,200

Additional information for August follows:

• The labor wage rate was $38 per hour.
• During the month, sales revenue was $1,750,000, and selling and administrative costs were $326,600.
• This company has no indirect materials or supplies.
• The company applies manufacturing overhead on the basis of direct labor-hours.

Required:

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

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

3. What was the manufacturing overhead application rate in August?

4. What was the cost of products completed during August?

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

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