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 17,000 Credits 124,000 Balance 12/31 27,000 Manufacturing Overhead Debit Credit Debits 229,800 Credits Work in Process Debit Credit Balance 1/1 Direct materials Direct labor 22,000 Credits 476,000 92,000 156,000 Overhead Balance 12/31 Debit 241,800 ? Factory Wages Payable Credit Debits 189,000 Balance 1/1 Credits Balance 12/31 10,000 184,000 5,000 Finished Goods Debit Credit Balance 1/1 42,000 Credits Debits ? Balance 12/31 63,000 Cost of Goods Sold Debit Credit 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?