Selected Taccounts of Moore Company are given below for the just completed year Debits Manufacturing Overhead 196,800 Credits nts Bol. 1/3 Debits Bal. 12/31 Raw Materials 29.000 Credits 148,000 39,000 Work in Process 34,900 Credits 104,000 192,000 220,800 eBook 512,00 Debits Bal. 1/1 Direct materials Direct Labor Overhead Bal. 12/31 Factory Wages Payable 213,000 Bal. 1/1 Credits Bal. 12/31 16,000 288,000 11,00 Print References Finished Goods 54,00 Credits Cost of Goods Sold Debits Bal. 1/1 Debits Bal 12/31 81,000 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 11 1 of the balance i Hrarthrin how much file direct material ret? Anniverhaal met YU 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. Req 1 to 5 Req 6 Reg 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 overapplied overhead in your answer Show less 1 Cost of raw materials 2. Indirect materials 3. Indirect labor cost 4 Cost of goods manufactured 5. Unadjusted cost of goods sold Reg 1 to 5 Req 6 Reg 7 Req8 If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year The predetermined overhead rate was % of dired labor cost yu 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 Req 7 Reg 8 Was manufacturing overhead underapplied or overapplied? By how much? Manufacturing overhead was Check my Y 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 7 Regs ces Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. It $11,500 of this balance in direct labor cont, how much of it is direct materials cost? Applied overhead cost? Ending balance in the work in process Direct materials.com Applied overhead coat