None of the above Question 5 5 pts Elm Industries uses a standard cost accounting system to compute the cost of its inventory. During the month of May, Elm's actual total direct labor costs are $51.450. The direct labor rate variance is $1,800 unfavorable, and the direct labor efficiency variance is $750 favorable. What is the total amount of direct labor costs that Elm applies to its work-in-process inventory for the month of May? $51.450 O $50.400 $52,500 0 $53:250 None of the above