Selected T-accounts of Moore Company are given below for the just completed year: Debit Raw Materials Credit Balance 1/1 Debits Balance 12/31 21,000 Credits 132,000 31,000 Manufacturing Overhead Debit Credit Debits 210,800 Credits Work in Process Debit Credit Balance 1/1 Direct materials 26,000 Credits 488,000 96,000 Direct labor 168,000 Overhead 226,800 Balance 12/31 Factory Wages Payable Debit Credit Debits 197,000 Balance 1/1 Credits Balance 12/31 Finished Goods 12,000 192,000 7,000 Debit Credit Balance 1/1 46,000 Credits Debits Balance 12/31 69,000 Cost of Goods Sold Balance 1/1 Debits Balance 12/32 Debits Required: Debit Credit 46,000 Credits 69,000 Debit Cost of Goods Sold Credit Check 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 $9.500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost?