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In: AccountingProblem 3-11 T-Account Analysis of Cost Flows [LO3-2, LO3-3,LO3-4]Selected T-accounts of Moore Company are...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 thejust completed year:Raw MaterialsBal. 1/123,000Credits?Debits136,000Bal. 12/3133,000ManufacturingOverheadDebits204,720Credits?Work in ProcessBal. 1/128,000Credits494,000Direct materials98,000Direct labor174,000Overhead222,720Bal. 12/31?Factory WagesPayableDebits201,000Bal. 1/113,000Credits196,000Bal. 12/318,000Finished GoodsBal. 1/148,000Credits?Debits?Bal. 12/3172,000Cost of Goods SoldDebits?Required:8. Compute the ending balance in Work in Process. Assume thatthis balance consists entirely of goods started during the year. If$10,000 of this balance is direct labor cost, how much of it isdirect materials cost? Applied overhead cost?