Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 196,800 Credits 10 ? Debits Bal. 1/1 Debits Bal. 12/31 points Raw Materials 29,000 Credits 148,000 39,000 Work in Process 34,000 Credits 104,000 192,000 220,800 512,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 213,000 Bal. 1/1 Credits Bal. 12/31 16,000 208,000 11,000 eBook Cost of Goods Sold Finished Goods 54,000 Credits Debits Print Bal. 1/1 Debits Bal. 12/31 81,000 References Required: 1. What was the cost of raw materials used in production during the year? 2. How much of the materials in (1) above consisted of indirect materials? 3. How much of the factory labor cost for the year consisted of indirect labor? 4. What was the cost of goods manufactured for the year? 5. What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your answer. 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? 7. Was manufacturing overhead underapplied or overapplied? By how much? 8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $11,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Req 1 to 5 Reg 6 Req 7 Req 8 1. What was the cost of raw materials used in production during the year? 2. How much of the materials in (1) above consisted of indirect materials? 2 au much of the factar lahar Art for thavan mancietadl af indirect lahar Complete this question by entering your answers in the tabs below. points Req 1 to 5 Reg 6 Req 7 Req 8 eBook 1. What was the cost of raw materials used in production during the year? 2. How much of the materials in (1) above consisted of indirect materials? 3. How much of the factory labor cost for the year consisted of indirect labor? 4. What was the cost of goods manufactured for the year? 5. What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your answer. Print Show less References $ 138,000 1. Cost of raw materials 2. Indirect materials 3. Indirect labor cost 4. Cost of goods manufactured 5. Unadjusted cost of goods sold Req 1 to 5 Req6 > 7. Was manufacturing overhead underapplied or overapplied? By how much? 8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $11,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Print Complete this question by entering your answers in the tabs below. References Req 1 to 5 Reg 6 Req 7 Req 8 If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? The predetermined overhead rate was % of direct labor cost ( Req 1 to 5 Req 7 > .. Cuiule le eruniy Udldlile lil VUIK II PIUless. Assume lidl lis Udldille LUIISISTS ellery UI yuuus Slalleu uuriy lile yedi. Il $11,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Print Complete this question by entering your answers in the tabs below. References Req 1 to 5 Req6 Req7 Req 8 Was manufacturing overhead underapplied or overapplied? By how much? Manufacturing overhead was by $11,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Print Complete this question by entering your answers in the tabs below. References Req 1 to 5 Req 6 Req 7 Req 8 Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $11,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Ending balance in the work in process Direct materials cost Applied overhead cost