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Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,000 of direct materials, $6,966 of direct labor,

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Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,000 of direct materials, $6,966 of direct labor, and $9,992 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $18.80 per direct labor-hour. During May, the following activity was recorded: $ 8,700 $38,200 $39,500 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 2,100 $24,710 $33,500 $16,989 Work in process inventory on May 30 contains $3.777 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. The cost of goods manufactured for May was: 1 ? e command option

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