Tyre Corporation had the following inventory balances at the beginning and end of May. May 1 May 30 Raw materials $30,000 $39,000 Finished Goods $79,500 $75,000 Work in Process $18,000 $17,193 During May, $63.000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 por direct labor hout, and it paid its direct labor workers $15 per hour. A total of 390 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 $7.500 of direct materins cost. The Corporation incurred 543,350 of actual manufacturing overhead cost during the month and applied $42,300 in manufacturing overhead cost The amount of direct labor cost in the May 30 Work in Process inventory was Multiple Choice 54.995 $9,693 Dre 25 of 50 Next > Sad Help Save & Exit Submit Corporation incurred 543,350 of actual manufacturing overhead cost during the month and applied $42,300 in manufacturing overhead cost The amount of direct labor cost in the May 30 Work in Process inventory was Multiple Choice O $4,995 $9,693 54308 55.35