Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,700 of direct materials, $6,966 of direct labor, and $10,188 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $20.20 per direct labor-hour. During May, the following activity was recorded $ 9,400 $38,900 $40,200 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 2,800 $25,410 $34,200 $17,171 Work in process inventory on May 30 contains $3,903 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 5 of 15 Next Work in process, May 30 $7, 71 Work in process inventory on May 30 contains $3,903 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 o 597,290 o $110780 o $122170 o S124,853