Selected T-accounts for Rolm Company are given below for the just completed year:

Required:
1. What was the cost of raw materials put into 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 cost of goods sold for the year (before considering underapplied or overapplied overhead)?
6. If overhead is applied to production on the basis of direct materials cost, what rate was in effect during the year?
7. Was manufacturing overhead underapplied or overapplied? By how much?
8. Compute the ending balance in the Work in Process inventory account. Assume that this balance consists entirely of goods started during the year. If $32,000 of this balance is direct materials cost, how much of it is direct labor cost? Manufacturing overheadcost?

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Raw Materials 30,000 Credits 60,000 Manufacturing Overhead Bal. 1/1 Debits Bal. 12/31 ? Debits 385,000 Credits 420,000 Work in Process Factory Wages Payable Bal. 1/1 70,000 Credits 810,000 Debits 179,000 Bal. 1/1 Direct materials 320,000 110,000 400,000 10,000 175,000 6,000 Credits Direct labor Bal. 12/31 Bal. 12/31 Finished Goods Cost of Goods Sold Bal. 1/1 40,000 Credits ? Debits Ba. 12/31 130,000