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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,
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: 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 $122,170 $97,290 $124,853 $110,780
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