Tyare Corporation had the following inventory balances at the beginning and end of May Raw materials Finished Goods Work in Process May 1 $28,500 $78,000 $16,500 May 30 $36,00 $72,000 $16,962 During May, $61500 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 per direct laborhout, 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 57350 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 amount of direct labor cost in the May 30 Work in Process inventory was Multiple Choice Osan (3:05]). V E R T Y U10 P D F G H J K L N Multiple Choice O SA212 O $5.340 o O $4.980 o o 0 99612 1304.NO V E R T Y U o D F G H NM