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 32,000 Credits 154,000 Balance 12/31 42,000 Manufacturing Overhead Debit Credit Debits 194,100 Credits Work in Process Debit Credit Overhead Balance 1/1 Direct materials Direct labor Balance 12/31 37,000 Credits 521,000 107,000 201,000 221,100 Factory Wages Payable Debit Credit Debits 219,000 Balance 1/1 Credits 17,500 214,000 Balance 12/31 12,500 Finished Goods Debit Credit Balance 1/1 57,000 Credits Debits ? Balance 12/31 85,500 Cost of Goods Sold Cundia Check