00 Selected T-accounts of Moore Company are given below for the just completed year 0 7 Manufacturing Overhead 230,000 Credits Debita oints Bal. 1/1 Debits lal. 12/31 470,000 Debitis Raw Materials 15,000 Credits 120,000 25,000 Work in Process 20,000 Credits 90,000 150,000 240.000 2 Finished Goods 40,000 Credits 2 60,000 Bal. 1/1 Direct materials Direct labor Overhead sal. 12/31 Factory Magos Payable 185,000 Bal. 1/1 Credito Bal. 12/31 9.000 180,000 4.000 oBook Cost of Goods sold Print Debits 10. 1/1 Debita Bal. 12/31 References Required: 1. What was the cost of raw materials used in production during the year? 2. How much of the materials in (1) above consisted of indirect materials? 3. How much of the factory labor cost for the year consisted of indirect labor? 4. What was the cost of goods manufactured for the year? 5. What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your answer, 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? 7. Was manufacturing overhead underapplied or overapplied? By how much? 8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $8,000 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Req 110 5 Rego Reg 7 Red 8 1. What was the cost of raw materials used in production during the year? Next u overhead in your on the basis of direct labor cost, what predetermined overhead rate was in effect during year? 7. Was manufacturing overhead underapplied or overapplied? By how much? 8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year, $8,000 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Reg 1 to 5 Reg 6 Req 7 Req 8 1. What was the cost of raw materials used in production during the year? 2. How much of the materials in (1) above consisted of indirect materials? 3. How much of the factory labor cost for the year consisted of indirect labor? 4. What was the cost of goods manufactured for the year? 5. What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your answer. Show less 1. Cost of raw materials 2. Indirect materials 3. Indirect labor cost 4. Cost of goods manufactured 5. Unadjusted cost of goods sold Rog 112 Req6 > nim 8 of 8 Next ! ernal... Saved Bal. 12/31 60,0001 Required: 1. What was the cost of raw materials used in production during the year? 2. How much of the materials in (1) above consisted of indirect materials? 3. How much of the factory labor cost for the year consisted of indirect labor? 4. What was the cost of goods manufactured for the year? 5. What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your ans 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? 7. Was manufacturing overhead underapplied or overapplied? By how much? 8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $8,000 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Req 1 to 5 Reg 6 Reg 7 Reg 8 Was manufacturing overhead under oplied or overapplied? By how much? by Manufacturing overhead was Jemma Goldendoodle Puppy Central Pipeline ezto.mheducation.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A252F%252Fcosu blackboard.com%252Fwebapp%253 Question 8 - Chapter 3-Job- X d labour in accounting - Go cer 3-Job-Order Costing: Cost Flows and External... Saved Help 3 requires: 1. What was the cost of raw materials used in production during the year? 2. How much of the materials in (1) above consisted of indirect materials? 3. How much of the factory labor cost for the year consisted of indirect labor? 4. What was the cost of goods manufactured for the year? 5. What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your answer. 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? 7. Was manufacturing overhead underapplied or overapplied? By how much? 8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $8,000 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Ook Complete this question by entering your answers in the tabs below. rint Req 1 to 5 Reg 6 Req Req 8 cences Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. 11 $8,000 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Ending balance in the work in process Direct materials cost Applied overhead cost