Morrow Corporation had only one job in process during MayJob X322and had no finished goods inventory on May 1. Job X32Z was started in April and finished during May. Data concerning that job appear below: $ $ 7,400 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 AAA 13,000 5,100 6,700 280 0 130 In May, overhead was overapplied by $480. The company adjusts its cost of goods sold every month for the amount of the overhead that was underapplied or overapplied. Required: Using the indirect method, determine the cost of goods sold for May. Cost of goods sold