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Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 210,800 Credits 2 Debits Bal. 1/1 Debits Bal. 12/31 Raw

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Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 210,800 Credits 2 Debits Bal. 1/1 Debits Bal. 12/31 Raw Materials 21,000 Credits 132,000 31,000 Work in Process 26,000 Credits 96,000 168,000 226,800 Debits 488,800 ed Factory Wages Payable 197,000 Bal. 1/1 Credits Bal. 12/31 12,000 192,000 7,000 Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Cost of Goods Sold ? Debits Bal. 1/1 Debits Bal. 12/31 Finished Goods 46,000 Credits ? 69,000 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 ans 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 $9,500 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 Req 6 Reg 7 Reg 8 Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods $9,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead Ending balance in the work in process Direct materials cost Applied overhead cost $ 28,800 $ 6,475 $ (12,875)

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