$r1$

References

$\backslash$table$[[$Debit$,$Credit$],[$Balance $1/1,20,000,$Credits,?$],[$Debits$,130,000,,],[$Balance $12/31,30,000,,],[,$Manufacturing,g Overhead,$],[$Debits Debit,,,$],[,216,000,$Credits,?$],[,$work in P$,$Process,$],[$Balance $\frac{1}{1}$ Debit,,,$],[$Balance $\frac{1}{1},25,000,$Credits,$485,000],[\backslash$table$[[$Direct materials$],[$Direct labor$]],95,000,,],[\backslash$table$[[$Direct labor$],[$Overhead$]],165,000,,],[$Overhead$,231,000,,],[$Balance $12/31,$Factory Wage,Payable,$],[$Debit$,,,],[$Debits$,195,000,\backslash$table$[[$Balance $1/1],[$Credits$]],\backslash$table$[[\backslash$table$[[11,500],[190,000]]]]],[,,$Balance $12/31,6,500],[,$Finished,Goods,$],[$Debit$,,,],[$Balance $1/1,45,000,$Credits,?$],[$Debits$,?,,],[$Balance $12/31,67,500,,],[$Debit$,\backslash$table$[[$cost of G$]],$oods Sold,F:$],[$Debits$,?,,]]$

Required:

What was the cost of raw materials used in production?

How much of the materials in $(1)$ above consisted of indirect materials?

How much of the factory labor cost is indirect:labor?

What was the cost of goods manufactured?

What was the unadjusted cost of goods sold? Do not include any underapplied or overapplied overhead in your answer.

If overhead is applied to production using direct labor cost, what was the predetermined overhead rate?

Was manufacturing overhead underapplied or overapplied? By how much?

Compute the ending balance in Work in Process. Assumie this balance consists entirely of goods started during the year. If $$9,250$ of this balance is direct labor cost, how much is direct materials cost? Applied overhead cost?$1$

References

$\backslash$table$[[$Debit$,$Credit$],[$Balance $1/1,20,000,$Credits,?$],[$Debits$,130,000,,],[$Balance $12/31,30,000,,],[,$Manufacturing,g Overhead,$],[$Debits Debit,,,$],[,216,000,$Credits,?$],[,$work in P$,$Process,$],[$Balance $\frac{1}{1}$ Debit,,,$],[$Balance $\frac{1}{1},25,000,$Credits,$485,000],[\backslash$table$[[$Direct materials$],[$Direct labor$]],95,000,,],[\backslash$table$[[$Direct labor$],[$Overhead$]],165,000,,],[$Overhead$,231,000,,],[$Balance $12/31,$Factory Wage,Payable,$],[$Debit$,,,],[$Debits$,195,000,\backslash$table$[[$Balance $1/1],[$Credits$]],\backslash$table$[[\backslash$table$[[11,500],[190,000]]]]],[,,$Balance $12/31,6,500],[,$Finished,Goods,$],[$Debit$,,,],[$Balance $1/1,45,000,$Credits,?$],[$Debits$,?,,],[$Balance $12/31,67,500,,],[$Debit$,\backslash$table$[[$cost of G$]],$oods Sold,F:$],[$Debits$,?,,]]$

Required:

What was the cost of raw materials used in production?

How much of the materials in $(1)$ above consisted of indirect materials?

How much of the factory labor cost is indirect:labor?

What was the cost of goods manufactured?

What was the unadjusted cost of goods sold? Do not include any underapplied or overapplied overhead in your answer.

If overhead is applied to production using direct labor cost, what was the predetermined overhead rate?

Was manufacturing overhead underapplied or overapplied? By how much?

Compute the ending balance in Work in Process. Assumie this balance consists entirely of goods started during the year. If $$9,250$ of this balance is direct labor cost, how much is direct materials cost? Applied overhead cost?