Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,000 of direct materials, $6,966 of direct labor, and $9,99 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $18.80 per direct labor-hour. During May, the following activity was recorded: 18 01:56:31 $ 8,700 $38,200 $39,500 Raw materials (all direct materials): Beginning balance Purchased during the month Used in production Labor: Direct labor-hours worked during the month Direct labor cost incurred Actual manufacturing overhead costs incurred Inventories: Raw materials, May 30 Work in process, May 30 2,100 $24,710 $33,500 $ 16,989 Work in process inventory on May 30 contains $3,777 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. The cost of goods manufactured for May was: Multiple Choice 0 $97,150 Raw materials, May 30 Work in process, May 30 $16,989 Work in process inventory on May 30 contains $3,777 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. 8 01:56:23 The cost of goods manufactured for May was: $97,150 $110,640 $103,690 $105,659