8:17 ACC 105-1 - Managerial Acco... Rewiew on Costs (ACC 105-1 - Manageria... Close 4. The following information is available at the end of May: Balance in Work in Process on May 1 $38,500 Direct material costs for May 62,300 Direct labour costs for May 86,250 Overhead applied at rate of 120% of direct labour dollars Jobs completed during May: Job 102 $66,120 Job 103 97,100 Job 104 51,500 Job 106 22,850 Jobs 105 a 107 were not completed at the end of May. Compute the balance in the Work in Process Inventory Control account on May 31. S (2 points) O a. $139,230 O b. $237,570 c. $14,480 O d. $52,980