1. What was the cost of raw materials used in production during the year? 2....
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Accounting
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 $9,000 of this balance is ditect labor cost, how much of it is direct materlals cost? Applied overhead cost? Complete this question by entering your answers in the tabs below. 1. What was the cost of raw materials used in pretuction during the year? 2. How much of the materials in (A) obove 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 manufectured for the year? 5. What was the unadjusted cost of gogds sold for the yeart Da not include any underapglied or averappled overtiead in your answer. Compute the ending balance in Work in Process. Assume that this balance consists entirely of goods started during the year. If $9,000 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost? Problem 3-11 (Algo) 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: Required: 1. Whot was the cost of raw materials usod in production during the year? 2. How much of the meterials in (1) above consisted of indirect moterlals? 3. How much of the factory labor cost for the year consisted of indirect labor? 4. What was the cost of goods manufectured for the year? 5. What was the unadjusted cosi of goods sold for the year? Do not include any underappiled ar overapplied overhead in your aniwer 6. If overhead is epptiod to production on the basis of direct labor cost what predetermined overbead rate was in effect during the year? 7. Was thanutacturing overhead underapiled or overapplied? By how much? 8. Compute the ending belonce in Work ib Process Assume that this balance consists entirely of goods atarted during the voar if $9.000 of twis balarice is diect labor cost, how much of it is cirect materials cost? Applied overbead cost? Complete this question by entering your answers in the tabs below. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? Complete this question by entering your answers in the tabs below. Was manufacturing overhead underapplied or overapplied? By how milich





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