I need help with this please? Required B manufacturing overhead? Required C. Manufacturing %? Required...

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Accounting

I need help with this please? Required B manufacturing overhead? Required C. Manufacturing %? Required D. Cost of Products Completed? Required E. Ending balance? Required F. Operating profit (loss)?

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CoursHeroTranscribedText: Wk 4 - Practice: Ch. 7 and 8 Knowledge Check [due Day 5] i Saved 2 Partially completed T-accounts and additional information for Pine Ridge Corporation for the month of February follow. Materials Inventory Work-In-Process Inventory Finished Goods Inventory 4.28 BB (2/1 ) 56, 600 BB (2/1) 100, 300 BB (2/1) 201, 700 points 227 , 400 188, 400 Labor 186 , 500 345, 100 249, 200 Cost of Goods Sold Manufacturing Overhead Control Applied Manufacturing Overhead 156, 800 147, 335 Book References Additional information for February follows: . Labor wage rate was $25 per hour. . During the month, sales revenue was $600,300, and selling and administrative costs were $104,500. This company has no indirect materials or supplies. . The company applies manufacturing overhead on the basis of direct labor costs. Required: a. What was the cost of direct materials issued to production during February? b. What was the over- or underapplied manufacturing overhead for February? c. What was the manufacturing overhead application rate in February? d. What was the cost of products completed during February? e. What was the balance of the Work-in-Process Inventory account at the end of February? f. What was the operating profit for February? 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 B Required C Required D Required E Required F Mc Graw Hill

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