PLEASE ANSWER EACH QUESTION CORRECTLY! IF SO, I WILL LEAVE AN UPVOTE!
a d e just completed year: Required: 1. What was the cost of raw materials used in production? 2. How much of the materials in (1) above consisted of indirect materlals? 3. How much of the factory labor cost is indirect labor? 4. What was the cost of goods manufactured? 5. What was the unadjusted cost of goods sold? Do not include ony underapplled or overapplied overhead in your answer. 6. If overhead is applied to production using direct labor cost, what was the predetermined overhead rate? 7. Was manufacturing overhead underapplied or overapplied? By how much? 8 . Compute the ending balance in Work in Process. Assume this balance consists entirely of goods started during the yeac. If $10,500 of this balance is direct labor cost, how much is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. If overhead is applied to production using direct labor cost, what was the predetermined overhead rate? 1. What was the cost of raw materials used in production? 2. How much of the materials in (1) above consisted of indirect materials? 3. How much of the factory labor cost is indirect labor? 4. What was the cost of goods manufactured? 5. What was the unadjusted cost of goods sold? Do not include any underapplied or overapplied overthead in your answer. 6 . If overhead is applied to production using direct labor cost, what was the predetermined overhead rate? 7. Was manufacturing overhead underapplied or overapplied? By how much? 8 . Compute the ending balance in Work in Process. Assume this balance consists entirely of goods started during the year, if $10,500 of this balance is direct labor cost, how much is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Was manufacturing overhead underbplied or overapplied? By how much? Required: 1. What was the cost of raw materlals used in production? 2. How much of the materiais in (1) above consisted of ind rect materials? 3. How much of the factory labor cost is indirect labor? 4. What was the cost of goods manufactured? 5. What was the unadjusted cost of goods sold? Do not include any underapplied or overopplied overhead in your answer. 6. If overhead is appled to production using direct labor cost, whot was the predetermined overhead rate? 7. Was manufacturing overhead underapplied or overapplied? By how much? 8. Compute the ending balance in Work in Process. Assume this balance consists entirely of goods started during the year. If $10,500 of this balance is direct labor cost, how much is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Compute the ending balance in Work in Process. Assume this balance consists entirely of goods started during the year. if $10,500 of this balance is direct labor cost, how much is direct materials cost? Applled overhead cost? 1. What was the cost of raw materials used in production? 2. How much of the materials in (1) above consisted of indirect materials? 3. How mucti of the tactory labor cost is indirect labor? 4. What was the cost of goods manufactured? 5. What was the unadjusted cost of goods sold? Do not include any underapplied or overappled overhead in your answet. 6 . If overhead is applied to production using direct labor cost, whit was the predetermined overhead rate? 7. Was manufacturing overhead underappled or overappled? By how much? 8. Compute the ending balance in Work in Process. Assume this balance consists entirely of goods started duting the year. 11 \$ 10,500 of this balance is direct labor cost, how much is direct materials cost? Apolled overhead cost? Complete this question by entering your answers in the tabs below. 1. What was the cost of raw materials used in production? 2. How much of the materials in (1) above consisted of indirect materials? 3. How much of the factory labor cost is indirect labor? 4. What was the cost of goods manufactured? 5 . What was the unadjusted cost of goods sold? Do not include any underapplied or overapplied overhead in your ariswer