Selected ledger accounts of Moore Company are given below for the past year: 7 Debits Bal. 1/1 Debits Bal. 12/31 Manufacturing Overhead 286,000 Credits 2 Rax Materials 33,000 Credits 119,600 24,400 Work in Process 19,600 Credits 89,600 149,400 268,920 469,800 Debits Bal. 1/1 Direct materials Direct labour Overhead Bal. 12/31 Factory Wages Payable 184,400 Bal. 1/1 Credits 8,800 179,800 Bal. 12/31 Cost of Goods Sold 4,200 Pinished Goods 39,600 Credits ? 59,800 Bal. 1/1 Debito Bal. 12/31 ? Debito 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 under or overapplied overhead)? Cost of goods sold 6. If overhead is applied to production on the basis of direct labour cost, what rate was in effect during the year? Predetermined overhead rate % of direct labour cost 7. Was manufacturing overhead under-or overapplied? By how much? Manufacturing overhead 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 $7,600 of this balance is direct labour cost, how much of it is direct materials cost? Manufacturing overhead cost? Direct materials cost Manufacturing overhead cost