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

Raw Materials

Manufacturing Overhead

Bal. 1/1 41,000		Credits ?		Debits 427,400		Credits ?
Debits 475,000
Bal. 31/12 82,000

Work in Process

Factory Wages Payable

Bal. 1/1 86,500		Credits 904,100		Debits 206,500		Bal. 1/1 21,000
Direct materials 342,000						Credits 202,500
Direct labour 132,000
Overhead 444,600						Bal. 31/12 17,000
Bal. 31/12 ?

Finished Goods

Cost of Goods Sold

Bal. 1/1 59,800		Credit ?		Debits ?
Debits ?
Bal. 31/12 163,000

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 $33,100 of this balance is direct materials cost, how much of it is direct labour cost? Manufacturing overhead cost?