Partially completed T accounts and additional information for Pine Ridge Corporation for the month of February follow Materials Inventory BB (2 1) 57,300 228,000 189,200 Work In Process Inventory BB (2 1) 100,000 Labor 185,900 Finished Goods Inventory BB (2 1) 201,600 346,300 249,700 Cost of Goods Sold Manufacturing Overhead Control 155,800 Applied Manufacturing Overhead 135,707 Additional information for February follows Labor wage rate was $30 per hour During the month, sales revenue was $601,600, and selling and administrative costs were $103,100 This company has no indirect materials or supplies The company applies manufacturing overhead on the basis of direct labor costs Required f What was the operating profit for February Any over or underapplied overhead is written off to Cost of Goods Sold Answer is not complete Complete this question by entering your answers in the tabs below What was the operating profit for February Any over or underapplied overhead is written off to Cost of Goods Sold (Loss amounts should be indicated with a minus sign )

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Partially completed T-accounts and additional information for Pine Ridge Corporation for the month of February follow. Materials Inventory BB (2/1) 57,300 228,000 189,200 Work-In-Process Inventory

Partially completed T-accounts and additional information for Pine Ridge Corporation for the month of February follow.

Materials Inventory
BB (2/1)	57,300
	228,000	189,200

Work-In-Process Inventory
BB (2/1)	100,000
Labor	185,900

Finished Goods Inventory
BB (2/1)	201,600
	346,300	249,700

Cost of Goods Sold

Manufacturing Overhead Control
	155,800

Applied Manufacturing Overhead
		135,707

Additional information for February follows:

Labor wage rate was $30 per hour.
During the month, sales revenue was $601,600, and selling and administrative costs were $103,100.
This company has no indirect materials or supplies.
The company applies manufacturing overhead on the basis of direct labor costs.

Required:

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

Answer is not complete. Complete this question by entering your answers in the tabs below. What was the operating profit for February? Any over- or underapplied overhead is written off to Cost of Goods Sold. (Loss amounts should be indicated with a minus sign.)