Selected accounts of Moore Company are given below for the just completed year 7 Debits Manufacturing Overhead 183,400 Credits Bal 1/1 Debite lal. 12/31 Law Materials 35,000 Credits 160.000 45,000 Work in Process 40,000 Credits 110,000 210,000 210.400 530,000 Debits , 1 Direct materiale Direct labor Overhead Dal 12/31 Factory Mages Payable 225,000 301. 171 Credito Bal. 12/31 19 220 14.000 Finished Goods 60,000 Credits 7 90,000 cost of Goods Sold 71 Bal. 1/1 bebita Hal. 12/31 Debits 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 applled 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 $13.950 of this balance is direct labor cost how much of it is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Reg 1 to 5 Req6 Reg Reg 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 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect du 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 they $13,950 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Req 1 to 5 Reg 6 Reg 7 Req 8 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 Show less 1. Cost of raw materials 2. Indirect materials 3. Indirect labor cost 4. Cost of goods manufactured 5. Unadjusted cost of goods sold Complete this question by entering your answers in the tabs below. Reg 7 Reg Reg 1 to 5 Reg 6 If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? % of direct labor cost The predetermined overhead rate was Complete this question by entering your answers in the tabs below. Reg 1 to 5 Reg 6 Reg 7 Reg 8 Was manufacturing overhead underapplied or overapplied? By how much? Manufacturing overhead was by Complete this question by entering your answers in the tabs below. Reg 1 to 5 Reg 6 Req7 Req8 Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $13,950 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Ending balance in the work in process Direct materials cost Applied overhead cost