Below are the inventory balances at the beginning and end of June for ABC Company Raw materials Finished Goods Work in Process June 1 June 30 $30,000 $39,000 $79,500 $75,000 $18,000 $17,193 During June. $63,000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 per direct labor-hour, and it paid its direct labor workers $15 per hour. A total of 390 hours of direct labor time had been expended on the jobs in the beginning Work in Process inventory account. The ending Work in Process inventory account contained $7,500 of direct materials cost. The company incurred $43,350 of actual manufacturing overhead cost during the month and applied $42,300 in manufacturing overhead cost. The direct materials cost in the June 1 Work in Process inventory account totaled: Multiple Choice O $5,850 O $12150 O $7,470 $13,320