The following information comes from the accounting records for Chelsea, Inc., for May. Direct materials inventory, May 1 Direct materials inventory, May 31 Work-in-process inventory, May 1 Work-in-process Inventory, May 31 Finished goods inventory, May 1 Finished goods inventory, May 31 $ 9,000 7,500 4,500 3,000 27,000 36,000 Direct materials purchased during May Direct labor costs, May Manufacturing overhead, May 120,000 96,000 126,000 Required: a. Compute the total prime costs for the month of May. b. Compute the total conversion costs for the month of May. c. Compute the total manufacturing costs for the month of May. d. Compute the cost of goods manufactured for the month of May. e. Compute the cost of goods sold for the month of May. a. Total prime costs b. Total conversion costs C. Total manufacturing costs d. Cost of goods manufactured e. Cost of goods sold