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Selected ledger accounts for Kahiba Sdn Bhd are given below for the just completed year of 2019: Raw Materials 30,000 Credits 420,000 Manufacturing Overhead Debits 385,000 Credits ? Bal. 1/1 Debits ? Bal. 31/12 60,000 56 810,000 Debits Work in Process Bal. 1/1 70,000 Credits D. materials 320,000 D. labor 110,000 Overhead 400,000 Factory Wages Payable 179,000 Bal. 1/1 Credits 10,000 175,000 Bal. 31/12 6,000 Bal. 31/12 ? Finished Goods 40,000 Credits ? Cost of Goods Sold ? ? Bal. 1/1 Debits Debits Bal. 31/12 130,000 REQUIRED: (a) WI was the cost of raw materials put into production during the year? (b) How much of materials in (a) above consisted of indirect materials? (c) (d) (e) How much of factory labor cost for the year consisted of indirect labor? What was the cost of goods manufactured for the year? What was the cost of goods sold for the year (before considering underapplied or overapplied overhead)? If overhead is applied to production on the basis of direct materials cost, what predetermined overhead rate was used during the year? Was manufacturing overhead underapplied or overapplied? By how much? (1) (9) (h) Compute the ending balance in the Work in Process inventory account. Assume that this balance consists entirely of goods started during the year. If RM32,000 of this balance is direct materials cost, how much of it is direct labor cost? Manufacturing overhead cost

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