Morrow Corporation had only one job in process during May-Job X32Z-and had no finished goods inventory on May 1. Job X32Z was started in April and finished during May Data concerning that job appear below Beginning balance Charged to the job during May Direct materials Direct labor Manufacturing overhead applied Units completed Units in process at the end of May Units sold during May Job X322 $ 9,000 $ 15,600 $ 6,400 $ 8,000 260 0 120 In May, overhead was overapplied by $460. The company adjusts its cost of goods sold every month for the amount of the overhead that was underapplied or overapplied Required: 1. Using the direct method, what is the cost of goods sold for May? Cost of goods sold 2. What is the total value of the finished goods inventory at the end of May? Total cost of ending finished goods inventory