Tyare Corporation had the following inventory balances at the beginning and end of May:

	May 1			May 30
Raw materials	$	29,000		$	37,000
Finished Goods	$	78,500		$	73,000
Work in Process	$	17,000		$	17,039

During May, $62,000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 per direct labor-hour, and it paid its direct labor workers $15 per hour. A total of 370 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 $7,400 of direct materials cost. The Corporation incurred $43,050 of actual manufacturing overhead cost during the month and applied $41,700 in manufacturing overhead cost.

The actual direct labor-hours worked during May totaled:

• 3,588 hours

• 3,475 hours

• 4,440 hours

• 2,870 hours

Tyare Corporation had the following inventory balances at the beginning and end of May:

	May 1			May 30
Raw materials	$	28,500		$	36,000
Finished Goods	$	78,000		$	72,000
Work in Process	$	16,500		$	16,962

During May, $61,500 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 per direct labor-hour, and it paid its direct labor workers $15 per hour. A total of 360 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 $7,350 of direct materials cost. The Corporation incurred $42,900 of actual manufacturing overhead cost during the month and applied $41,400 in manufacturing overhead cost.

The raw materials purchased during May totaled:

• $73,038

• $61,500

• $69,000

• $54,000