Selected T-accounts of Moore Company are given below for the just completed year: Balance 1/1 Debits Balance 12/31 Debit Debit, Balance 1/1 Direct materials Direct labor Overhead Balance 12/31 Balance 1/1 Debits Balance 12/31 Debit Raw Materials 33,000 Credits 156,000 43,000 Work in Process 38,000 Credits 108,000 204,000 214, 200 ? Finished Goods 58,000 Credits ? 87,000 Credit 7 Credit Credit "? Debits 524,000 ? Debits Debits Debit Debit Debit Manufacturing Overhead 186,200 Credits Factory Wages Payable Next Cost of Goods Sold Credit 221,000 Balance 1/1 Credits Balance 12/31 ? Credit Credit ? 18,000 216,000 13,000 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 $12,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost?

Selected T-accounts of Moore Company are given below for the just completed year: 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 $12,500 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost