Selected ledger accounts for Realm Company are given below for the just-completed year: Bal. 1/1 Debits Raw Materials 32,000 430,000 Bal. 31/12 64,000 Credits Debits Manufacturing Overhead 389,600 Credits Bal. 1/1 Direct materials Direct labour Overhead Bal. 31/12 Debits Work in Process 73,000 Credits 825,000 324,000 114,000 405,000 7 Factory Wages Payable 184,000 Bal. 1/1 12,000 Credits 180,000 Bal, 31/12 8,000 Finished Goods 43 600 radia Debits 184,000 Bal. 1/1 12,000 Credits 180,000 Bal. 31/12 8,000 Finished Goods Bal. 1/1 43,600 Credit Debits Bal. 31/12 136,000 Debits Cost of Goods Sold ? Required: 1. What was the cost of raw materials put into production during the year? Cost of raw materials 2. How much of the materials in requirement 1 consisted of indirect materials? Indirect materials 3. How much of the factory labour cost for the year consisted of indirect labour? Indirect labour cost 4. What was the cost of goods manufactured for the year? Cost of goods manufactured 5. What was the cost of goods sold for the year (before considering underapplied or overapplied overhead)? Cost of goods sold