Selected T-accounts of Moore Company are given below for the just completed year Manufacturing Overhead 183,400 Credits Debits Bal. 1/1 Debits Bal. 12/31 Raw Materials 35,000 Credits 160.000 45,000 Work in Process 40,000 Credits 110,000 210,000 213,400 530,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 32/31 Factory Wages Payable 225,000 Ball 1/1 Credits Bal: 12/11 10,000 220.000 14,000 Cost of Goods 5old 2 Debits Bal. 1/1 Debits Bal 12/31 Finished Goods 60, een Credits > 90.000 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? 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 it $13.950 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 Red 2. 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 les Req6 > Crear Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 40,000 11, 210,000 218,400 Cost of Finished Goods 60,000 Credits Debits Bal. 1/1 Debits Bal. 12/31 90,000 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 o 6. If overhead is applied to production on the basis of direct labor cost, what predetermined ove 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 a $13,950 of this balance is direct labor cost, how much of it is direct materials cost? Applied over Complete this question by entering your answers in the tabs below. Req 1 to 5 Reg 6 Reg 7 Reg 8 If overhead is applied to production on the basis of direct labor cost what predetermined overhead the year? The predetermined overhead rate was of direct labor cost Debits Bal. 12/31 90, eee 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 underap 6. If overhead is applied to production on the basis of direct labor cost, what predetermir 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 er $13,950 of this balance is direct labor cost, how much of it is direct materials cost? Applie Complete this question by entering your answers in the tabs below. Req 1 to 5 Reg 6 Reg 8 Was manufacturing overhead underapplied or overapplied? By how much? Manufacturing overhead was by Bai. 1/1 bebits 881. 12/31 35, 160,00 45,000 Work in Process 40,000 Credits 110,000 210,000 218,400 530,000 Debits Factory wages Payab 225, eea Bal. Cred Bal. sal. 1/1 Direct materials Direct Labor Overhead sal. 12/31 Cost of Goods Sol Debits Bal 1/1 Debits Bal. 12/31 Finished Goods 60,000 Credits ? 90,000 Required: 1. What was the cost of raw materials used in production during the year? 2. How much of the materials in (t) 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 overapa 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead ra 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 $13,950 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cos Complete this question by entering your answers in the tabs below. Reg 1 to 5 Req6 Req7 Recent Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started $13.950 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Ending balance in the work in process Direct materials cost Applied overhead cost