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: Raw Materials Manufacturing Overhead 22,000Credits ? Debits 215,560Credits Bal. 1/1 Debits Bal. 12/31 134,000 32,000 Work in Process Factory Wages Payable 27,000Credits 491,000 Debits 199,000Bal. 1/1 Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 12,500 194,000 7,500 97,000 171,000 Credits Bal. 12/31 232,560 Finished Goods Cost of Goods Sold 47,000 Credits Debits Bal. 1/1 Debits Bal. 12/31 70,500 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