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Selected T-accounts of Moore Company are given below for the just completed year: 2 Debits Manufacturing Overhead 183,400 Credits Bal. 1/1 Debits Bal. 12/31 530,000

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Selected T-accounts of Moore Company are given below for the just completed year: 2 Debits Manufacturing Overhead 183,400 Credits Bal. 1/1 Debits Bal. 12/31 530,000 Debito Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Raw Materiale 35,000 Credits 160,000 45,000 Work in Process 40,000 Credito 120,000 210,000 218.400 7 Finished Goods 60,000 Credits 2 90,000 Factory Wages Payablo 225,000 Bal. 1/1 Credits Bal. 12/31 19,000 220,000 14,000 Cost of Goods Sold 2 Dobits Bal. 1/1 Debito Bal. 12/31 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 $13,950 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. Reg 1 to 5 Reg 6 Req Reg 8 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

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