Selected ledger accounts for A Company are given below for the just-completed year:

Raw Materials

Bal. 1/1	49,000		Credits	?
Debits	515,000
Bal.31/12	98,000

Manufacturing Overhead

Debits	410,800		Credits	?

Work in Process

Bal. 1/1	98,500		Credits	919,600
Direct materials	358,000
Direct labour	148,000
Overhead	429,600
Bal. 31/12	?

Factory Wages Payable

Debits	226,500		Bal. 1/1	29,000
			Credits	222,500
			Bal. 31/12	25,000

Finished Goods

Bal. 1/1	74,200		Credit	?
Debits	?
Bal. 31/12	187,000

Cost of Goods Sold

Debits	?

Required:

1. What was the cost of raw materials put into production during the year?

2. How much of the materials in requirement 1 consisted of indirect materials?

3. How much of the factory labour cost for the year consisted of indirect labour?

4. What was the cost of goods manufactured for the year?

5. What was the cost of goods sold for the year (before considering underapplied or overapplied overhead)?

6. If overhead is applied to production on the basis of direct materials cost, what rate was in effect during the year?

7. Was manufacturing overhead underapplied or overapplied? By how much?

8. Compute the ending balance in the Work in Process inventory account. Assume that this balance consists entirely of goods started during the year. If $38,300 of this balance is direct materials cost, how much of it is direct labour cost? Manufacturing overhead cost?