Problem 3-11 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: Manufacturing Overhead 182, 140 Credits ? Debits Bal. 1/1 Debits Bal. 12/31 527,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Raw Materials 34,000 Credits 158,000 44,000 Work in Process 39,000 Credits 109,000 207,000 211,140 ? Finished Goods 59,000 Credits ? 88,500 Factory Wages Payable 223,000 Bal. 1/1 Credits Bal. 12/31 18,500 218,000 13,500 Cost of Goods Sold ? Debits ? Bal. 1/1 Det Bal. 12/31 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 $12,750 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost