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Selected T-accounts of Moore Company are given below for the just completed year. Debits Manufacturing Overhead 196,800 Credits Bal. 1/1 Debits Bal. 12/31 Raw Materials

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Selected T-accounts of Moore Company are given below for the just completed year. Debits Manufacturing Overhead 196,800 Credits Bal. 1/1 Debits Bal. 12/31 Raw Materials 29,000 Credits 148.00 39,000 Work in Process 34,00 Credits 104, 192.000 220,800 512.000 Debits Bal. 1/1 Direct materials Direct Labor Overhead Bal. 12/31 Factory Wares Payable 213, Bl. 1/1 Credits Bal. 12/31 16,000 200.000 11, Cost of Goods Sold Debits Bal. 1/1 Debits Bal 12/31 Finished Goods 54,000 Credits > 11,000 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 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 C11500 of the haters Heart ahar ret homofitiet materiale net? annarrheart net? 8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $11,500 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 Reg 6 Req? Reg 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 overapplied overhead in your Show less answer 1 Cost of raw materials 2 Indirect materials 3 Indirect labor con 4. Cost of goods manufactured 5. Unadjusted cost of goods sold Rent 3 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 $11,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? ts Complete this question by entering your answers in the tabs below. Book Print Reg 1 to 5 Rego Reg 7 Reg 8 Herences If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in affect during the year? The domini ad rate was pould litica 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 $11,500 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. Reg 1 to 5 Reg 6 Reg 2 Reqs Was manufacturing overhead underapplied or overapplied? By how much? Manufacturing overhead was

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