Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Debit Credit Balance 1/1 Debits 22,000 Credits 134,000 Manufacturing Overhead Debit Credit Debits 215,560 Credits Balance 12/31 32,000 Work in Process Factory Wages Payable Debit Credit Debit Credit Balance 1/1 27,000 Credits 491,000 Debits Direct materials 97,000 Direct labor 171,000 199,000 Balance 1/1 Credits Balance 12/31 12,500 194,000 7,500 Overhead 232,560 Balance 12/31 Finished Goods Cost of Goods Sold Debit Credit Debit Credit Balance 1/1 47,000 Credits Debits Debits Balance 12/31 70,500 D 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 manufacturinn overhead underannlied or overannlier? Rv how much? 4 of 6 Next >