The following information comes from the accounting records for Chelsea, Inc., for May: Direct materials inventory, May 1 $ 18,500 Direct materials inventory, May 31 14,000 Work-in-process inventory, May 1 9,400 Work-in-process inventory, May 31 5,400 Finished goods inventory, May 1 54,800 Finished goods inventory, May 31 72,200 Direct materials purchased during May 84,700 Direct labor costs, May 60,400 Manufacturing overhead, May 80,300 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.