Paragraph Styles Question 3 (20 points. 25 min) Partially completed T-accounts and additional information for Cardinals, Inc. for the month of November appear next: Materials Inventory WIP Inventory BB (11/1) 30,000 120,000 96,000 BB (11/1) Labor 60,000 90,000 Finished goods Inventory BB (11/1) 80,000 180,000. 120,000 Cost of Goods Sold MOH Control Acc Applied MOH 78,000 tates Additional information for November follows: Labor wage rate was $30 per hour. During the month of November, sales revenue was $270,000, and selling and administrative costs were $48,000. This company has no indirect materials and supplies. Manufacturing overhead is applied on the basis of $24 per direct labor hour Any over-or underappled overhead is written off to Cost of Goods Sold. 282