The Following Selected Data Were Taken from the Records of the Fisher

The following selected data were taken from the records of the Fisher Foil Company.The company uses a job costing system to account for its manufacturing costs.Fisher's fiscal year runs from January 1 to December 31;manufacturing overhead is closed out only at the end of the fiscal year.The following information relates to August operations.(1. )Jobs in process on August 1.
$$\begin{array} { | l | r | r | r | } \hline \text { Job No. } & \text { Materials } & \text { Labor } & \text { Overhead } \\\hline \text { W12 } & \$ 800 & \$ 1,200 & ? ? \\\hline \times 13 & 1,000 & 1,620 & ? ? \\\hline\end{array}$$
(2. )Jobs completed during August: W12,X13,Y14.
(3. )Material requisitions and labor time tickets indicated the following:
$$\begin{array} { | l | r | r | } \hline \text { Job No } & \begin{array} { r } \text { Material } \\\text { Requisition }\end{array} & \begin{array} { r } \text { Time } \\\text { Tickets }\end{array} \\\hline \text { W12 } & \$ 610 & \$ 760 \\\hline \times 13 & 370 & 1,420 \\\hline \text { Y14 } & 2,780 & 3,100 \\\hline 215 & 4,050 & 1,080 \\\hline \text { General usc } & 390 & 540 \\\hline\end{array}$$
(4. )Jobs sold during August: W12,X13.
(5. )Fisher applies overhead to production based upon labor costs.
(6. )Selected account balances on August 1 were:
$$\begin{array} { | l r | l | } \hline \text { Overhead } & \$ 1,400 & \text { overapplied } \\\hline \text { Materials } & 5,175 & \\\hline \text { Mork in process } & 9.655 & \\\hline \text { Finished goods } & - 0 & \\\hline\end{array}$$
(7. )Various overhead incurred (excluding indirect materials and indirect labor)during August,$13,500.(8. )Materials (direct and indirect)purchased during August,$10,905.
Required:
(a)What is the balance in the Material Inventory account on August 31?
(b)Is the manufacturing overhead account over- or underapplied on August 31? By how much?
(c)Compute the cost of goods manufactured for August.
(d)Compute the cost of goods sold for August.
(e)What is the balance of the Work-in-Process Inventory account on August 31?