Selected ledger accounts for Realm Company are given below for the just completed year: Bal. 1/1 Debits Bal. 31/12 Raw Materials 47,000 Credits 505,000 94,000 Debits Manufacturing Overhead 441,800 Credits ? 952, 100 Bal. 1/1 Direct materials Direct labour Overhead Bal. 31/12 Work in Process 95,500 Credits 354,000 144,000 460,200 2 Debits Factory Wages Payable 221,500 Bal. 1/1 Credits Bal. 31/12 27,000 217,500 23,000 ? Bal. 1/1 Debits Bal. 31/12 Finished Goods 70, 600 Credit ? 181,000 Cost of Goods Sold ? Debits 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 6. If overhead is applied to production on the basis of direct materials cost, what rate was in effect during the year? Predetermined overhead rato % 7. Was manufacturing overhead underapplied or loverapplied? By how much? Manufacturing ovamoad on by 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 $33,700 of this balance is direct materials cost, how much of it is direct labour cost? Manufacturing overhead cost? Ending balance in the work in process Direct labour cost Manufacturing overhead cost