6 The following information comes from the accounting records for Chelsea, Inc., for May. 66 nts Direct materials inventory, May 1 Direct materials inventory, May 31 Work-in-process inventory, May 1 Work-in-process inventory, May 31 Finished goods inventory, May 1 $ 17,400 14,500 8,600 5,000 54,200 Finished goods inventory, May 31 71,900 Direct materials purchased during May 84,600 02:36:53 Direct labor costs, May 60,500 Manufacturing overhead, May 80,700 Required: a. Compute the total prime costs for the month of May. b. Compute the total conversion costs for the month of May. c. Compute the total manufacturing costs for the month of May. d. Compute the cost of goods manufactured for the month of May. e. Compute the cost of goods sold for the month of May. a. Total prime costs b. Total conversion costs C. Total manufacturing costs d. Cost of goods manufactured e. Cost of goods sold