The following partially complete T-accounts for the month of June along with additional information are from Renfrew & Company: Materials Inventory Work-in-Process Inventory Finished Goods Inventory Debit Credit Credit 66,000 45,000 180,000 150,000 Cost of Goods Sold Debit BB (6/1) Debit Credit Credit Debit BB (6/1) Manufacturing Overhead Control Debit Credit 118,000 Additional information for June follows: Manufacturing overhead is applied at 90 percent of direct labor cost. Direct labor-hours recorded on jobs in June totaled 4,020. . This company uses no indirect materials or supplies. Any products returned by customers are discarded and not resold. BB (6/1) 121,000 Required: a. What cost amount of direct materials was issued to production during June? b. How much manufacturing overhead was applied to products during June? c. What was the cost of products completed during June? 268,000 163,000 . During the month, sales revenue was $381,000, and selling and administrative costs were $73,000. The labor wage rate was $25 per hour. Applied Manufacturing Overhead Debit Credit d. What was the balance of the Work-in-Process Inventory account at the end of June? e. What was the over- or underapplied manufacturing overhead for June? f. What was the operating profit (loss) for June? Any over- or underapplied overhead is written off to Cost of Goods Sold.