Topic 5 Homework (Chapter 71 Partially completed T-accounts and additional information for Cardinals, Inc., for the month of November appear as follows. 2.5 Materials Inventory BB (11/1) 36,000 126,000 95,000 cost of Goods sold work-In-Process Inventory BB (11/1) 66,000 Labor 50,000 Manufacturing Overhead Control Finished Goods Inventos DB (11/1) 86,000 186,000 126,000 Applied Manufacturing Overhead points (8 01933 84,000 Additional information for November follows: Labor wage rate was $20 per hour, Manufacturing overhead is applied at $28 per direct laborhout . During the month, sales revenue was $300,000, and selling and administrative costs were $54,000. This company has no indirect materials or supplies References Required: a. What cost amount of direct materials was issued to production during November? b. How much manufacturing overhead was applied to products during November? c. What was the cost of products completed during November? d. What was the balance of the Work-in-Process Inventory account at the end of November? e. What was the over or underapplied manufacturing overhead for November? . What was the operating profit loss) for November? 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 A Required Required C Required D Required t Required F What was the balance of the Work in Process Inventory account at the end of November? $ 70 Topic 5 Homework (Chapter 71 Partially completed T-accounts and additional information for Cardinals, Inc., for the month of November appear as follows. 2.5 Materials Inventory BB (11/1) 36,000 126,000 95,000 cost of Goods sold work-In-Process Inventory BB (11/1) 66,000 Labor 50,000 Manufacturing Overhead Control Finished Goods Inventos DB (11/1) 86,000 186,000 126,000 Applied Manufacturing Overhead points (8 01933 84,000 Additional information for November follows: Labor wage rate was $20 per hour, Manufacturing overhead is applied at $28 per direct laborhout . During the month, sales revenue was $300,000, and selling and administrative costs were $54,000. This company has no indirect materials or supplies References Required: a. What cost amount of direct materials was issued to production during November? b. How much manufacturing overhead was applied to products during November? c. What was the cost of products completed during November? d. What was the balance of the Work-in-Process Inventory account at the end of November? e. What was the over or underapplied manufacturing overhead for November? . What was the operating profit loss) for November? 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 A Required Required C Required D Required t Required F What was the balance of the Work in Process Inventory account at the end of November? $ 70