Complete this question by entering your answers in the tabs below. Was manufacturing overhead underapplied or overapplied? By how much? If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? Complete this question by entering your answers in the tabs below. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. $12,000 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? 1. What was the cost of raw materiais 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 wis the unadjusted cost of goods sold for the year? Do not include any underapplled or overapplied overhead in your answer. Problem 3-11 (Algo) T-Account Analysis of Cost Flows [LO3-2, LO3-3, LO3-4] Selected T-accounts of Moore Company are given below for the just completed year: 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 materiais? 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 unodjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your ariswer. 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 overopplied? 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 512,000 of this balance is direct lobor cost, how much of it is direct materials cost? Applied overhead cost