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Selected T - accounts of Moore Company are given below for the just - completed year: Raw Materials Work in Process Finished Goods Manufacturing Overhead
Selected Taccounts of Moore Company are given below for the justcompleted year:
Raw Materials
Work in Process
Finished Goods
Manufacturing Overhead
Factory Wages Payable
Cost of Goods Sold
What was the cost of raw materials used in production
How much of the material in above consisted of indirect material
How much of the factory labor cost indirect labor?
What was the cost of goods manufactured
What was the unadjusted cost of good sold? Do not include any underapplied or overapplied overhead in your answer
If overhead is applied to production based on direct labor cost, what was the predetermined overhead rate?
Was manufacturing overhead underapplied or overapplied by how much
Compute the ending balance in work in process. Assume this balance is direct labor cost, how much is direct material cost? Applied overhead cost
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