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 $ 18,800 14,700 8,900 5,600 53,100 Finished goods inventory, May 31 72,500 Direct materials purchased during May 84,400 Direct labor costs, May 59,400 Manufacturing overhead, May 80,100 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.