Selected T-accounts of Moore Company are given below for the just completed year: Bal. 1/1 Debits Bal. 12/31 Raw Materials 25,000 Credits 140,000 35,000 Work in Process ? Debits Manufacturing Overhead 203,200 Credits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Bal. 1/1 Debits Bal. 12/31 Required: ? 30,000 Credits 500,000 Debits Factory Wages Payable 205,000 Bal. 1/1 100,000 180,000 Credits Bal. 12/31 14,000 200,000 9,000 223,200 ? Finished Goods Cost of Goods Sold 50,000 ? Credits ? Debits 75,000 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 $10,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost?