QUESTION 40 May Ltd manufactures a single product. In the current year, direct material costs were 74,000 and direct labour costs were 118,000. Additionally, May incurred 189,000 of indirect manufacturing overheads and 250,000 of selling, general and administration overhead. What is the prime cost, and total manufacturing cost for May Ltd in the current year? 192,000, 381,000 192,000, 631,000 263,000, 381,000 381,000, E631,000