Nautical Footware Inc. manufactures womens boating shoes. Manufacturing overhead is assigned to production on a machine-hour basis. For 2019, it was estimated that manufacturing overhead would total $351,670 and that 27,360 machine hours would be used. Required:

a. Calculate the predetermined overhead application rate that will be used for absorption costing purposes during 2019. (Round your answer to 2 decimal places.)

b. During May, 3,900 pairs of shoes were made. Raw materials costing $6,280 were used, and direct labor costs totaled $9,470. A total of 730 machine hours were worked during the month of May. Calculate the cost per pair of shoes made during May. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

c. At the end of May, 1,310 pairs of shoes were in ending inventory. Calculate the cost of the ending inventory and the cost of the shoes sold during May. (Do not round intermediate calculations. Round your answers to 2 decimal places.)