TB MC Qu. 3-26 The following data pertains to Lam Co.'s manufactu ... The following data pertains to Lam Co.'s manufacturing operations: Inventories Direct Materials Work in Process Finished Goods 4/1 $20,750 10,100 30,850 4/30 $17,200 6,825 41,500 Additional information for the month of April: Direct materials purchased Direct labor Direct labor rate per hour Factor overhead incurred $36,400 35,500 10 46,600 Overhead is applied at $12 per direct labor hour. For the month of April, prime cost incurred was