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Problem 3-11 T-Account Analysis of Cost Flows [L03-2, LO3-3, LO03-4] Selected T-accounts of Moore Company are gven below for the just completed year 10 points Manufacturing Overhead Raw Materials 28,880 CreditsS ? Debits 216,8e8 Credits Bal. 1/1 Debits Bal. 12/31 eBock Factory kages Payable Work in Process 11,5e8 198,866 6,58e 25,888 Credits 485,8ee Debits 8a1. 1/1 Direct materials Direct labor Overhead Credits 95.888 165,088 231.9ee Bal. 12/31 Print al. 12/31 Cost of Goods 5old Finished Goods References 45,888 Credits Debits Bal. 1/1 Debits Bal. 12/31 57,588 Required: 1. What was the cost of raw materials used In production during the year? 2 How much of the materlais in (1) above consisted of indirect matertals? 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 underapplled or overappled overnead in your answen year? 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the 7 Was manufacturing overnead underapplled or overapplied? By how much? 8. Compurte the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $9.250 of this balance is direct labor cost, how much of It is direct materlals cost? Appiecl overhead cost? Complete this question by entering your answers in the tabs below