Help Save & Exit Submit You received partial credit in the previous attempt Check my work View previous attempt Problem 3-11 T-Account Analysis of Cost Flows (LO3-2, LO3-3, LO3-4) Selected T-accounts of Moore Company are given below for the just completed year: points Bal. 1/1 Debits Bal. 12/31 Manufacturing Overhead 182,140 Credi 01:11:06 Raw Materials 34,000 Credits 15 000 44,000 Work in Process 39,000 Credits 109,000 207, eee 211.140 eBook 527,00 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Nages Payable 223,000 Bal. 1/1 Credits Bal. 12/31 18,500 218. eee 13,500 References Finished Goods 59,880 Credits Cost of Goods Sold Debits Bal. 1/1 Debits Bal. 12/31 38,50e 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 $12750 of this balance is direct labor rost how much of it is direct materials rost? Annlied overhead cost? Prey 1 of 4 $ Next > Type here to search 3. HUW 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 $12.750 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? points * 0110-31 eBook Complete this question by entering your answers in the tabs below. Print References Req 1 to 5 Req 6 Req 7 Reg 8 Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year $12,750 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Ending balance in the work in process Direct materials cost Applied overhead cost [$ $ 39,140 11,870 Type here to search