Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Bal. 1/1 23,000 Credits ? Debits 136,000 Bal. 12/31 33,000 Manufacturing Overhead Debits 204,720 Credits ? Work in Process Bal. 1/1 28,000 Credits 494,000 Direct materials 98,000 Direct labor 174,000 Overhead 222,720 Bal. 12/31 ? Factory Wages Payable Debits 201,000 Bal. 1/1 13,000 Credits 196,000 Bal. 12/31 8,000 Finished Goods Bal. 1/1 48,000 Credits ? Debits ? Bal. 12/31 72,000 Cost of Goods Sold Debits ? 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 $10,000 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost?