Dacosta Corporation hed only one job in process on May 1 The job had been company assigns overhead cost to jobs using the predetermined overhead rate of $18.70 per direct labor-hour charged with $1,950 of direct materials, $6.990 of direct labor, and $9.978 of overhead cos During May. the following activity was recorded Raw saterials (al1 directmaterials): Beginning balance Purchased during the month Used in production 8,650 38,150 539,450 Labor: Direct labor-hours worked during the month Direct labor cost incurred 2,050 $24,660 33,450 Actual sanufacturing overhead costs incurred Inventories: Raw materials, May 3e Work in process, May 3e 516,976 Work in process inventory on May 30 contains $3,768 of direct labor cost Raw materials consist solely of items that are classified as direct materials The cost of goods manufactured for May was on Imported From IE 0 Quiz Vork in process inventory on May 30 contains $3,768 of direct labor The cost of goods manufactured for May was: Multiple Choice $110,630 $97140 $104.387 $102.445 e here to search