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Specifically I need help with number 6,7, and 8 Selected T-accounts of Moore Company are given below for the just completed year Manufacturing Overhead Raw

image text in transcribedSpecifically I need help with number 6,7, and 8
Selected T-accounts of Moore Company are given below for the just completed year Manufacturing Overhead Raw Materials Bal. 1/1 Debits Bal. 12/31 203,200 Credits Credits Debits 25,000 140,000 35,000 Mork in Process Factory Wages Payable 205,000 Bal. 1/1 Credits Bal. 1/1 Direct materials Direct labor Overhead 14,000 30,000 Credits 500,000 Debits 200,000 9,000 100, 0 18, 223,200 Bal. 12/31 Bal. 12/31 Finished Goods Cost of Goods Sold Bal. 1/1 Debits Debits 50,000 Credits 75,000 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 $10,500 of this balopce 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 7 Req 8 If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during

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