3 Selected T-accounts of Moore Company are given below for the just completed year: Check my work Raw Materials Debit Credit 20 points Balance 1/1 Debits 24,000 Credits Manufacturing Overhead Debit Credit Debits 214,640 Credits 138,000 Balance 12/31 34,000 Skipped Work in Process Debit Credit Debit Balance 1/1 Direct materials 29,000 Credits 497,000 Debits 99,000 eBook Direct labor 177,000 Factory Mages Payable 203,000 Balance 1/1 Credits Balance 12/31 Credit 13,500 198,000 8,500 Overhead 233,640 Print Balance 12/31 Finished Goods Cost of Goods Sold References Debit Credit Debit Credit Balance 1/11 Debits 49,000 Credits 7 Debits Balance 12/31 73,500 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 $10,250 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost?