Selected ledger accounts of Moore Company are given below for the past year:

Raw MaterialsBal. 1/150,000Credits?Debits118,000Bal. 12/3123,400Manufacturing OverheadDebits298,000Credits?Work in ProcessBal. 1/119,200Credits469,600Direct materials88,000Direct labour148,000Overhead296,000Bal. 12/31?Factory Wages PayableDebits184,600Bal. 1/18,600Credits178,400Bal. 12/312,400Finished GoodsBal. 1/139,200Credits?Debits?Bal. 12/3159,600Cost of Goods SoldDebits?

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 under- or overapplied overhead)?

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

7.Was manufacturing overhead under- 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 $7,200 of this balance is direct labour cost, how much of it is direct materials cost? Manufacturing overhead cost?