Tyare Corporation had the following inventory balances at the beginning and end of May Raw materials Finished Goods Work in Process May 1 $34,000 $83,500 $22,000 May 30 $47,000 $83,000 $17,809 During May, $67,000 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 470 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 $7,900 of direct materials cost. The Corporation incurred $44,550 of actual manufacturing overhead cost during the month and applied $44,700 in manufacturing overhead cost. The actual direct labor-hours worked during May totaled