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plis help me Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Bal. 1/1 22,000 Credits ? Debits 134,000

plis help me

Selected T-accounts of Moore Company are given below for the just completed year:

Raw Materials
Bal. 1/1 22,000 Credits ?
Debits 134,000
Bal. 12/31 32,000

Manufacturing Overhead
Debits 215,560 Credits ?
Work in Process
Bal. 1/1 27,000 Credits 491,000
Direct materials 97,000
Direct labor 171,000
Overhead 232,560
Bal. 12/31 ?

Factory Wages Payable
Debits 199,000 Bal. 1/1 12,500
Credits 194,000
Bal. 12/31 7,500
Finished Goods
Bal. 1/1 47,000 Credits ?
Debits ?
Bal. 12/31 70,500

Cost of Goods Sold
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?

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?

8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $9,750 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost?

Req 1 to 5

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.

req 6

If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year?

req 7

Was manufacturing overhead underapplied or overapplied? By how much?

req 8

Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $9,750 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost?

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