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Selected T-accounts of Moore Company are given below for the just completed year, Bal. 1/1 Debits Bal. 12/31 Debits Manufacturing Overhead 203,800 Credits Raw Materials 28,000 Credits 146,000 38.000 Work in Process 33,000 Credits 103,000 189,000 226,800 509,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal 12/31 Factory Wares Payable 211,035. 1/3 Credits Bal. 12/31 15,500 20600 Finished Goods 53,000 Credits Cost of Goods Sold Dobits Bal. 1/1 Debits Bal 12/31 79,50 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 materias? 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 overappled 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 it $11.250 of this balance s direct labor cost, how much of it is direct materials cost? Applied overhead cost? Reg 1 to 5 Reg 6 Req 7 Reg 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 $ 130,000 $ 33,000 $ 17,000 1. Cost of raw materials 2. Indirect materials 3 Indirect labor cost 4. Cost of goods manufactured 5. Unadjusted cost of goods sold Reg 6 Req 1 to 5 Reg 6 Req 7 Reg 8 If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? The predetermined overhead rate was 36 of direct labor cost Reg7 Reg 1 to 5 Req 1 to 5 Req 6 Req 7 Reg 8 Was manufacturing overhead underapplied or overapplied? By how much? Manufacturing overhead wa by Reqs Reg 8 > Complete this question by entering your answers in the tabs below. Req 1 to 5 Reg 6 Reg 7 Red 8 Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $11,250 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