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2 from the Blake Corporation accounting records for June follows (61 ork-1-Process Inventory | Labor 850,000 EBC6/300 400,000 Finished Goods Inventory BB (6/1 277,000 822 ead 819, 190 1447, 402.680 2.5 points cost of Goods Sold Mala!facturin verticad kontrol 240. 48,00 Applied Manufacturing Overhead 250,00 240,800 10,000 10,000 Additional information for June follows Labor wage rate was $35 per hout During the month, sales revenue was $1,020.000. and selling and administrative costs were $222.000. - This company has no indirect materials or supplies The company applies manufacturing overhead on the basis of direct labor-hours. Required: a. What was the cost of direct materials purchased in June b. What was the over- or underapplied manufacturing overhead for June? c. What was the manufacturing overhead application rate in June? d. What was the cost of products completed during June? e. What was the balance of the Work-in-Process Inventory account at the beginning of June? f. What was the operating profit (or loss) for June? Any over-on underapplied overhead is written on to Cost of Goods Sold Complete this question by entering your answers in the tabs below! Required A Required B Required Required D Required E Required E at was the cost of direct materials purchased in June? Required 8 > 2 Selected informat the Blike Corporation accounting records for June follows BB (6/1) Wdrk-Eh prodess inventory Lobor 350,000 EDG/30) 400.000 Finished Goods Inventory BB (671) 277,000 822,00 819,000 447 loeg 25 points Kost of Goods sold Manufacturing loverlead to tudi Dab,990 240.000 Applied Manufacturing Overhead 250,090 240,000 10,000 10.eed eBook Additional information for June follows Pant Labor wage rate was $35 per hour. During the month, sales revenue was $1020,000, and selling and administrative costs were $222,000. This company has no indirect materials or supplies The company applies manufacturing overhead on the basis of direct labor hours Reference Required: a. What was the cost of direct materials purchased in June: b. What was the over or underapplied manufacturing overheat for June? c. What was the manufacturing overhead application rate in June? d. What was the cost of products completed during June? e. What was the balance of the Work-in-Process Inventory account at the beginning of June? f. What was the operating profit (or loss) for June? 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 What was the dverer underapplied manufacturing overhead for June $ 10,000 2 Selected information from the Blake Corporation accounting records for June follows. Work-In-Process Inventory Labor 350,000 EB (6/30) 400,000 Material Inventory 11.08 24.ee 402,800 Finished Goods Inventory BB (6/1) 272999 272,000 822.000 819,090 BB (6/1) 25 points Cost of Goods Sold Manufacturing Overhead Control 240,000 240,000 Applied Manufacturing Overhead 299.00 240,000 18,000 le, one cBook Additional Information for June follows: Print Labor wage rate was $35 per hour . During the month, sales revenue was $1,020,000, and selling and administrative costs were $222,000. . This company has no indirect materials or supplies. The company applies manufacturing overhead on the basis of direct labor-hours. o References Required: a. What was the cost of direct materials purchased in June? b. What was the over- or underapplied manufacturing overhead for June? c. What was the manufacturing overhead application rate in June? d. What was the cost of products completed during June? e. What was the balance of the Work-in-Process Inventory account at the beginning of June? f. What was the operating profit (or loss) for June? 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 E Required Required A Required B Required Required D What was the manufacturing overhead application rate in June? Manufacturing overhead per dired-labor hour N 21 Selected information from the Blake corporation accounting records for June follows Materials thyen 75.000 Work In Process Inventory Lobo 350,000 EB (6730) 400,eed Finished Goods Inventory B6 (6/1) 277.ee 1822,000 819,000 B8 (6/1) 447,899 182.ee 2.5 points Cost of Goods Manufacturing Overhead Control 1240,000 240,900 Applied Manufacturing Overhead 250,00 240. 18 118, Bee Additional information for June follows: Labor wage rate was $35 per hour During the month, sales revenue was $1.020,000, and selling and administrative costs were $222.000 This company has no indirect materials or supplies - The company applies manufacturing overhead on the basis of direct labor-hours. References Required: a. What was the cost of direct materials purchased in June? b. What was the over- or underapplied manufacturing overhead for une? c. What was the manufacturing overhead application rate in June? d. What was the cast of products completed during June? e. What was the balance of the Work in Process Inventory account at the beginning of June? f. What was the operating profit (or loss) for June? Any over- or underapplied averhead is written oft to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. que Required Required F Required D Required A Required B Required c What was the balance of the Work-in Process Inventory account at the beginning of June? Beginning balance Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F. What was the operating profit (or loss) for June? Any over- or underapplied overhead is written off to Cost of Goods Sold. (Loss amounts should be indicated with a minus sign.) Operating profit (loss)