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Selected information from the Blake Corporation accounting records for June follows. Materials Inventory Work-In-Process Inventory BB (6/1) 81,000 Labor 260,000 453,000 408,000 EB (6/30) 460,000

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Selected information from the Blake Corporation accounting records for June follows. Materials Inventory Work-In-Process Inventory BB (6/1) 81,000 Labor 260,000 453,000 408,000 EB (6/30) 460,000 Cost of Goods Sold Manufacturing Overhead Control 257,000 16,000 257,000 Finished Goods Tnventory 30 (6/1) 283,000 828,000 825,000 Applied Manufacturing Overhead 273,000 257.000 16,000 Additional information for June follows: Labor wage rate was $20 per hour. . During the month, sales revenue was $1,032,000, and selling and administrative costs were $228,000. This company has no indirect materials or supplies. . The company applies manufacturing overhead on the basis of direct labor-hours. Required: a. What was the cost of direct materials purchased in June? b. What was the over- or underapplied manufacturing overhead for June? c. What was the manufacturing overhead application rate in June? d. What was the cost of products completed during June? e. What was the balance of the Work in Process Inventory account at the beginning of June? 1. What was the operating profit (or loss) for June? Any over or underapplied overhead is written off to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Required E Required Required A Required B Required C Required D What was the cost of direct materials purchased in June? Direct materials Required 3 >

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