2. Norris Decorators manufactures special order window coverings. During May, Norris's transactions included the following: Work in process inventory, May 1 160 Sales Factory equipment depreciation exp. 2,800 Selling expenses Work in process inventory, May 31 Raw materials purchased Raw materials inventory, May 1 Raw materials inventory, May 31 Finished goods inventory, May 1 Factory supervision wages expense Indirect labor cost incurred Factory utilities expense Direct labor cost incurred Finished goods inventory, May 31 $23,000 2,100 2,300 400 900 5,400 950 240 11,500 160 280 700 a. How much is the cost of direct materials issued to production during May? Show the product cost amounts that would be reported on Norris' balance sheet as of May 31, and describe the nature of each amount. b