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Use photo below to answer all parts of question Selected T-accounts of Moore Company are given below for the just completed year Bal. 1/1 22.00

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Selected T-accounts of Moore Company are given below for the just completed year Bal. 1/1 22.00 Credits Debits 215,560 Credits Debits 134,000 Bal 32,000 Work in Process Bal. 1/1 491,000 Debits 27,000 Credits 97,000 12,500 194,000 7,500 199,000 Bal 1/1 Direct materials Credits Bal. 12/31 Direct labor 171,000 232 580 Bal. 12/31 Finished Goods Cost of Goods Sold 47000 Crodits Bal. 1/1 ? Debits Debits Bal. 12/31 Required: 1. What was the oost 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 $9,750 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost

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