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Selected T-accounts of Moore Company are given below for the just completed year: Required: 1. What was the cost of raw materials usedin production during the year? 2. How much of the materials in (t) above conssisted 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 inclade any underapplied or overapplied overhead in your answer 6. If overhead is opplied to production on the basis of direct labor cost, What predetermined oveihead rate was in effect during the year? 7. Was manufacturing ovemead 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. It $12.250 of this balance is direct labor cost, how much of it is direct materials cost? Annlied mianauds sta Required: 1 What was the cost of raw materials used an producboin during the year? 2. How muck of the materials 3. Hyw much of the factory labot cott for the yest cormithed of Worect hahor? 4. Whot was the cost of goode manufactiacd for the wear? 5. What was the unadjuted cost of goods sodd for the yes? oo not incluste any usderaghed or overapolecd overhesd in yout anwer. 6. If oveihead is appaed to grodacbon cn the besb of drect labor cost whot predetentaned orethead rate was in edsect durng the yeor? 7. Wos manulocturing ovethesd underapplicd or overapdied? By how mush? 8. Compute the ending talance in. Wock in Process Assume that this bather comoth entirel of goods stated during the vear if Conptete Mhis questan by eoterieg your nitwwers in the tatos hidow. amker. Required: 1. What was the cost of raw materials used in production duting the year? 2. How much of the materals in (i) aljove centaked of indiect materiak? How much of the foctory lobor cost for the yesr comssted of indiect lobor? 4 What wos the cost of goods maniachure-i tor the yean? What was the unsdjusted cost of goods sold for the year? Do not nelude sny underappled or overaoplied overtiead in your answer. If oveithead is applied to production on the basis of direct labor cont. Whot predetermined ovemead rate wat in etfect during the year? 7. Wis menufacturing oveitiesd underopplied or overappled? By bow anuch? 8 Compute the ending balance in Work in Proceis. Aswame that this balspce consusts entirely of goods started thatikg the yeaz it $12250 of this bolance th cliect labor cost, how much of et is diect matenials cost? Appled overhesd cost? Comptete this question toy emertirg your answers in the tabs belew. the wear? Required: 1. What was the cost of raw materials used in production during the year? 2. How much of the matenals in (1) above consisted of indirect materias? 3. How much of the factory tobor cost for the year consisted of indirect tabor? 4. What was the cost of gocds 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 prederermined overhead rate was in effect during the year? 7. Was manufactuaing 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 $12,250 of this balance is cirect labor cost, how much of it is direct materials cost? Applied overheaki cost? Complete this question by entering your answers in the tabs below. Wae manutocturieg overtiead underappged or overappiledh By how mch? Required: 1. What was the cost of raw maternals used in produetuon during the year? 2. How much of the materals in (i) above consiated of indirect materials? 3. How much of the factory labor cost for the year consisted of indirect tabor? 4. What was the cost of goodr mancfactured for the year? 5. What was the unaojusted cost of goods sold for the year? Do not include ony underapalied or overapplied overhead in your answer 6. If overhead is applied to production on the basis of direct labor cost what predeteamined overhead rate was in effect during the year? 7. Was manufacturing overhend underappl ed or overapplied? Br how much? 8. Compute tie ending balance in Woik in Process. Assume that this balance consists entrefy of goods started douing the yeur. If \$12.250 of this balance is direct labor cost how much of it is direct materiols cost? Applied owerhead cost? Complete this question by entering your onswers in the tabs below

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