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Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Balance 1/1 Debits Balance 12/31 Debits Debit Credit 28,000

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Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Balance 1/1 Debits Balance 12/31 Debits Debit Credit 28,000 Credits 146,000 38,000 Manufacturing Overhead Debit Credit 203,800 Credits Work in Process Debit Credit 33,000 Credits 509,000 103,000 189,000 226,800 ? Balance 1/1 Direct materials Direct labor Overhead Balance 12/31 Factory Wages Payable Debit Credit Debits 211,000 Balance 1/1 Credits Balance 12/31 15,500 206,000 10,500 Finished Goods Debit Credit Balance 1/1 53,000 Credits Debits 2 Balance 12/31 79,500 Cost of Goods Sold Debit Credit Debits Required: 1 What was the cost of raw materials used in production during the year? wwwwwww Req 1 to 5 Req 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? 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 overap answer. 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 Req 6 > Omplete this question by entering your answers in the tabs below. q 1 to 5 Req 6 Req 7 Req 8 verhead is applied to production on the basis of direct labor cost, what predetermined overhead rate w year? predetermined overhead rate was % of direct labor cost < Req 1 to 5 Req 7 > Req 1 to 5 Req 6 Req 7 Req 8 was manufacturing overhead underapplied or overapplied? By how much? Manufacturing overhead was by 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 $11,250 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 < Req 7 Req 8>

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