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Selected T-accounts of Moore Company are given below for the just completed year. Manufacturing Overhead 203,800 Credits Debits Bal. 1/1 Debits Bal. 12/31 509,000 Debits
Selected T-accounts of Moore Company are given below for the just completed year. Manufacturing Overhead 203,800 Credits Debits Bal. 1/1 Debits Bal. 12/31 509,000 Debits Raw Materials 28,000 Credits 146,000 38,000 Work in Process 33,000 Credits 103,000 189,000 226,800 ? Finished Goods 53,000 Credits 7 79,500 Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Pactory Wages Payable 211,000 Bal. 1/1 Credits Bal. 12/31 15,500 206,000 10,500 Cost of Goods Sold ? 7 Debits Bal. 1/1 Debits Bal. 12/31 Reg 1 to 5 Reg 6 Req 7 Reg 8 Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $11,250 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
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