< > M Question 1- Chapter 3 Homework - Connect Chapter 3 Homework 1 3.33 points...

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< > M Question 1- Chapter 3 Homework - Connect Chapter 3 Homework 1 3.33 points ezto.mheducation.com C Get Homework Help With Chegg Study | Chegg.com Saved Help Save & Exit Submit 15 Check my work 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: Raw Materials Debit Credit Balance 1/1 Debits 33,000 Credits 156,000 cBook Balance 12/31 43,000 Manufacturing Overhead Debit Credit Debits Print 186,200 Credits Work in Process Debit Credit Balance 1/1 38,000 Credits 524,000 References Direct materials 108,000 Direct labor 204,000 Overhead 214,200 Balance 12/31 Factory Wages Payable Debit Credit Debits 221,000 Balance 1/1 Credits Balance 12/31 18,000 216,000 13,000 Finished Goods Debit Credit Balance 1/1 Debits Balance 12/31 58,000 Credits ? 87,000 Cost of Goods Sold Debit Credit Mc Graw Hill Debits 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? < Prev 1 of 3 Next > < > M Question 1- Chapter 3 Homework - Connect Chapter 3 Homework 1 3.33 points ezto.mheducation.com C Get Homework Help With Chegg Study | Chegg.com Saved Help Save & Exit Submit 15 Check my work 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: Raw Materials Debit Credit Balance 1/1 Debits 33,000 Credits 156,000 cBook Balance 12/31 43,000 Manufacturing Overhead Debit Credit Debits Print 186,200 Credits Work in Process Debit Credit Balance 1/1 38,000 Credits 524,000 References Direct materials 108,000 Direct labor 204,000 Overhead 214,200 Balance 12/31 Factory Wages Payable Debit Credit Debits 221,000 Balance 1/1 Credits Balance 12/31 18,000 216,000 13,000 Finished Goods Debit Credit Balance 1/1 Debits Balance 12/31 58,000 Credits ? 87,000 Cost of Goods Sold Debit Credit Mc Graw Hill Debits 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? < Prev 1 of 3 Next >