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Selected T - accounts of Moore Company are glven below for the Just completed year: Required: What was the cost of raw materlals used in

Selected T-accounts of Moore Company are glven below for the Just completed year:
Required:
What was the cost of raw materlals used in production during the year?
How much of the materlals in (1) above consisted of Indirect materlals?
How much of the factory labor cost for the year consisted of Indirect labor?
What was the cost of goods manufactured for the year?
What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your answer.
If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the
year?
Was manufacturing overhead underapplied or overapplied? By how much?
Compute the ending balance in Work In Process. Assume that this balance consists entirely of goods started during the year. If
$8,750 of this balance is direct labor cost, how much of it is direct materlals cost? Applied overhead cost?
Complete this question by entering your answers in the tabs below.
What was the cost of raw materials used in production during the year?
How much of the materials in (1) above consisted of indirect materials?
How much of the factory labor cost for the year consisted of indirect labor?
What was the cost of goods manufactured for the year?
What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your
answer.
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