TB MC Qu. 3-134 Tyare Corporation had the following inventory -- Tyre Corporation had the following inventory balances at the beginning and end of May Raw materials Finished Goods Work In Proce y 1 29.500 $79.000 17500 May 30 $38.000 $74.000 $17.116 1 During May. 562,500 in raw materials (all direct materials were drawn from inventory and used in production. The company's predetermined overhead rate was 2 per decorhout and pads dredbo workers 15 per hour. A total of 380 hours of direct labor time had been expended on the jobs in the beginning Work in Process inventory account the ending Work in Process inventory account.contained 450 of direct materials cost. The Corporation incurred 543,200 of actual manufacturing overhead cost during the month and applied $42.000 in manufacturing overhead cost The amount of direct labor cost in the May 30 Work in Process inventory was Multiple Choice 0 0 0 0 o $e