Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Debit Balance 1/1 Debits Balance 12/31 Debit Balance 1/1 Direct materials Direct labor Overhead Balance 12/31 Debit Balance 1/1 Debits Balance 12/31 28,000 Credits 146,000 38,000 Work in Process 33,000 Credits 103,000 189,000 226,800 ? Finished Goods 53,000 Credits ? 79,500 Credit Credit Credit 7? Debits 509,000 ? Debits Debits Manufacturing Overhead Debit Debit 203,800 Credits Factory Wages Payable Debit 211,000 Cost of Goods Sold ? Credit Credit Balance 1/1 Credits Balance 12/31 Credit 15,500 206,000 10,500 Required: 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 $11,250 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 lobor cost, what predetermined overhead rate was in effect during the year? 7. Was manufacturing overhead underopplied or overopplied? By how much? 8 Compute the ending balance in Work in Process. Assume that this balance consists entrely of goods started during the year. If $11,250 of this belance is direct labor cost, how much of it is direct materials cost? Applied overthead cost