REQUIRES :

Selected T-accounts of Moore Company are given below for the just completed year Raw Materials Manufacturing Overhead Bal. 1/1 Debits Bal. 12/31 21,000 Credits ?Debits 210,800Credits 132,000 31,000 Work in Process Factory Wages Pavable Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 26,000Credits 488,000 Debits 197,000Bal. 1/1 96,000 168,008 226,800 Credits Bal. 12/31 12,000 192,008 7,000 Finished Goods Cost of Goods Sold Bal. 1/1 Debits Bal. 12/31 46,000Credits Debits 69,000 5. What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your answer year? 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the 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 $9,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost