Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,600 of direct materials. $6.966 of direct labor, and $10,160 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $20.00 per direct labor-hour. During May, the following activity was recorded: $ 9,300 $38,800 $40,100 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 2,700 $25,310 $34,100 $17,145 Work in process inventory on May 30 contains $3.885 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 $97.270 O $110,760 O $119.410 ooo $121.991