Help Save&Exit Dacosta Corporation had only one job in process on May 1. The job had been charged with $2.400 of direct materials, $6,966 of direct labor, and $10,104 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $19.60 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 9,100 $38,600 39,900 Labor: Direct labor-hours worked during the month Direct labor cost incurred 2,500 125,110 33,900 Actual manufacturing overhead costs incurred Inventories: Raw materials, May 38 Work in process,May 3 17,893 Work in process inventory on May 30 contains $3,849 of direct labor cost. Raw materials consist solely of items thet are classified as direct materials The balance in the raw materials inventory account on May 30 was Multiple Choice $1,300 $7,800 $30,800 $29,500