Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,750 of direct materials, $6,990 of direct labor, and $10,202 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $20.30 per direct labor-hour 5 During May, the following activity was recorded V oos449 Raw materials (all direct materials) : Beginning balance Purchased during the month Used in production 9,450 $38,950 $40, 250 Labor: Direct labor-hours worked during the month Direct labor cost incurred Actual manufacturing overhead costs incurred 2,850 $25,460 $34,250 Inventories: Raw materials, May 30 $17,184 Work in process, May 30 Work in process inventory on May 30 contains $3,912 of direct labor cost. Raw materials consist solely of items that are classified C as direct materials The balance in the raw materials inventory account on May 30 was: Ln Multiple Choice O $8,150 O $1,300 $29,500 $30,800