Raw Materials Debit Credit Balance 1/1 Debits 16,000 Credits 122,000 Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 233,800 Credits Debit Credit 7 Debits Balance 12/31 26,000 Work in Process Factory Wages Payable Debit Credit Debit Credit Balance 1/1 21,000 Credits 473,000 Debits Direct materials 91,000 Direct labor. 153,000 187,000 Balance 1/1 Credits Balance 12/31 9,500 182,000 4,500 Overhead 244,800 Balance 12/31 7 Finished Goods Cost of Goods Sold Debit Credit Debit Credit Balance 1/1 41,000 Credits 2 Debits Debits 2 Balance 12/31 61,500