Selected T-accounts for Moore Company are given below for the just completed year: Raw Materials Debits Bal, 1/1 38,000 Credits Debits 440,000 Bal, 12/31 56,000 Work in Process Debits Bal, 1/1 74,000 510,000 Credits Direct materials 320,000 154,000 Direct labor Overhead 231,000 Bal, 1231 Finished Goods Bal, 1/1 43,000 Credit Debits Debits 137,000 Bal. 12/31 Required: 1. What was the cost of raw materials put into production during the year? Cost of raw materials 422,000 Manufacturing Overhead 210,000 Credits Factory Wages Payable 15,000 179,000 Bal, 1/1 179,000 Credits Bal. 12/31 15,000 Cost of Goods Sold