Dacosta Corporation had only one job in process on May 1. The job had been charged with $2.050 of direct matenals, $6,990 of direct labor and $10,006 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate or $18 90 per direct labor-hour Dacosta Corporation hed only one job in process on May 1. The job had been charged with $2050 of drect matenals, $6.990 of direct labor. During May, the following activity was recorded Raw materia! (all direct materials): Beginning balance Purchased during the month s8,750 $38,250 $39,550 Used in production Labor: Direct labor-hours worked during the moneth Direct labor cost incurred Actual manufacturing overhead costa incurred 2, 150 $24,760 $33,550 Inventories: Raw materials, May 30 Work in process, May 30 $17.002 Work in process inventory on May 30 contains $3786 of direct labor cost. Raw matenals consist solety of tems that are classified as materials The cost of goods manufactured for May was: $17,002 in process inventory on May 30 contains $3,786 of direct labor cost Raw materials consist solety of tems that are classified as direct materials Work in process inventory on May 30 contains $3,786 of direct labor cost The cost of goods manufactured for May wass Multiple Choice $97260 $10,650 $104.945 $106,989