ces The following information comes from the accounting records for Chelsea, Inc., for May. 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 $ 17,900 15,900 9,400 6,900 54,900 Finished goods inventory, May 31 72,300 Direct materials purchased during May 84,900 Direct labor costs, May 60,000 Manufacturing overhead, May 79,000 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