C won Selected T-accounts of Moore Company are given below for the just completed year: Debits Bal. 1/1 Debits Bal. 12/31 Manufacturing Overhead 230,00 Credits 470,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Raw Materials 15,000 Credits 12e, eee 25,000 werk in Process 2e, eee Credits 90,000 150,00 240,00 ? Finished Goods 40,00 Credits ? 60,000 Factory Mages Payable 185,800 al. 1/1 Credits B1. 12/31 9,000 180.000 4,000 Cost of Goods Sold Debits Bal. 1/1 Debits Bal. 12/31 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