Dacosta Corporation had only one job in process on May 1. The jobs had been drged w direct labor, and $10,202 of manufacturing overhead cost. The company sig overhead conj overhead rate of $20.30 per direct labor-hour. During May, the following activity was recorded: Raw materials (all direct materials): Beginning balance Purchased during the month Used in production Labor: $9,450 $38,950 $40,250 Direct labor-hours worked during the month 2,850 Direct labor cost incurred $25,460 Actual manufacturing overhead costs incurred $34,250 Inventories: Raw materials, May 30 ? Work in process, May 30 $17,184 Work in process inventory on May 30 contains $3,912 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. Book Air