Selected ledger accounts for Realm Company are given below for the just completed year: Raw Materials Bal. 1/1 Debits 48,000 510,000 Credits Bal. 31/12 96,000 Manufacturing Overhead Debits 444,200 Credits Work in Process Credits 960, 100 Bal. 1/1 Direct materials Direct labour Overhead 97,000 356,000 146,000 462,800 Bal. 31/12 Factory Wages Payable Debits 224,000 Bal. 1/1 Credits 28,000 220,000 Bal. 31/12 24,000 Finished Goods Help Save & EXIT SU Overhead 462,800 Bal. 31/12 Factory Wages Payable Debits 224,000 Bal. 1/1 Credits 28,000 220,000 Bal. 31/12 24.000 Finished Goods 72,400 Credit Bal. 1/1 Debits Bal. 31/12 184,000 Cost of Goods Sold Debits Required: 1. What was the cost of raw materials put into production during the year? Cost of raw materials Help Save & Exit Submit 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 6. If overhead is applied to production on the basis of direct materials cost, what rate was in effect during the year? Predetermined overhead rale 7. Was manufacturing overhead underapplied or overapplied? By how much? ook ask Manufacturing overhead was Print 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 $33.800 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