Selected T-accounts of Moore Company are given below for the just completed year: Debit Balance 1/1 Debits Balance 12/31 Manufacturing Overhead Debit Credit 194,100 Credits ? Debits 521,000 Debits Debit Balance 1/1 Direct materials Direct labor Overhead Balance 12/31 Raw Materials Credit 32,000 Credits 154,000 42,000 Work in Process Credit 37,000 Credits 107,000 201,000 221,100 2 Pinished Goods Credit 57,000 Credits 2 85,500 Factory Wages Payable Debit Credit 219,000 Balance 1/1 Credits Balance 12/31 17,500 214,000 12,500 Cost of Goods Sold Debit Credit Debit Balance 1/1 Debits Balance 12/31 2 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 answe 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 $12,250 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. 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 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect du 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 $12,250 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Req 1 to 5 Req 6 Req; Req8 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. Show less A 1. Cost of raw materials 2. Indirect materials 3. Indirect labor cost 4 Cost of goods manufactured 5. Unadjusted cost of goods sold 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 6. If overhead is applied to production on the basis of direct labor cost, what predetermined ov 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 $12,250 of this balance is direct labor cost, how much of it is direct materials cost? Applied ove Complete this question by entering your answers in the tabs below. Req 1 to 5 Reg 6 Req 7 Req 8 If overhead is applied to production on the basis of direct labor cost, what predetermined overhead the year? The predetermined overhead rate was % of direct labor cost 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 underap 6. If overhead is applied to production on the basis of direct labor cost, what predetermir 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 en $12,250 of this balance is direct labor cost, how much of it is direct materials cost? Applie Complete this question by entering your answers in the tabs below. Req 1 to 5 Reg 6 Req 7 Req 8 Was manufacturing overhead underapplied or overapplied? By how much? Manufacturing overhead was by 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 $12,250 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. Req 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 $12,250 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