Tyare Corporation had the following inventory balances at the boginning and end of May: During May, $66,500 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 pald its direct labor workers $15 per hour. A total of 460 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 $7,850 of direct materials cost. The Corporation incurred $44,400 of actual manufacturing overhead cost during the month and applied $44,400 in manufacturing overhead cost. The direct materials cost in the May 1 Work in Process inventory account totaled: Nultiple Chaice $15,980 514,600 $6,000 During May, $66,500 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 460 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 $7,850 of direct materials cost. The Corporation incurred $44,400 of actual manufacturing overhead cost during the month and applied $44,400 in manufacturing overhead cost. The direct materials cost in the May 1 Work in Process inventory account totaied: Mutiple Choice 515,980 $14,600 $6,900 59,080