Dacosta Corporation had only one job in process on May 1. The job had been charged with $1,800 of direct materials, $6,966 of direct labor, and $9,936 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $18.40 per direct labor-hour. During May, the following activity was recorded: $ 8,500 $38,000 $39,300 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 coats incurred Inventories: Raw materials, May 30 Work in process, May 30 1,900 $24,510 $33,300 7 $16,937 Work in process inventory on May 30 contains $3,741 of direct labor cost. Raw materials consist solely of items that are classified as direct materials, The entry to dispose of the underapplied or overapplied manufacturing overhead cost for the month would include a: Multiple Choice credit of $1,660 to Manufacturing Overhead ork in process inventory on May 30 contains $3,741 of direct lab he entry to dispose of the underapplied or overapplied manufact Multiple Choice credit of $1,660 to Manufacturing Overhead. debit of $1,660 to Manufacturing Overhead. debit of $5,336 to Manufacturing Overhead. credit of $5,336 to Manufacturing Overhead