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Selected T-accounts of Moore Company are given below for the just completed year: Required: 1. Whot was the cost of raw materials used in production

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Selected T-accounts of Moore Company are given below for the just completed year: Required: 1. Whot was the cost of raw materials used in production during the year? 2. How much of the materiais 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 answec. 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 underopplied 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 yeac. if $11,000 of this bolance is direct labor cost, how much of it is direct materials cost? Applied overhead cost

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