Question 1 Not complete Marked out of 0.50 P Flag question Determine and Use Overhead Rate The following selected ledger accounts of Cameron Company are for February (the second month of its accounting year): Materials Inventory Feb. 1 balance 31,500 February credits 105,000 February debits 104,000 Manufacturing Overhead February debits 163,350 Feb. 1 balance 11,600 February credits 166,650 Work in Process Inventory Feb. 1 balance 22,400 February credits 375,000 February debits: Direct material 95,000 Direct Labor 151,500 Man. overhead 166,650 Wages Payable February debits 193,500 Feb. 1 balance 45,000 February credits 185,000 Finished Goods Inventory Feb. 1 balance 76,500 February credits 386,000 February debits 375,000 a. Determine the amount of indirect material requisitioned for production during February. b. How much indirect labor cost was apparently incurred during February? b. How much indirect labor cost was apparently incurred during February? c. Calculate the manufacturing overhead rate based on direct labor cost. d. Was manufacturing overhead for February under- or overapplied, and by what amount? Manufacturing overhead was by $ for February e. Was manufacturing overhead for the first two months of the year under-or overapplied, and by what amount? Manufacturing overhead was by $ for the first two months. f. What is the cost of production completed in February? g. What is the cost of goods sold in February? Check