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Tyre Corporation had the following inventory balances at the beginning and end of May Raw materials Finished Goods Work in Process Hay 1 $30,500 $80,000

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Tyre Corporation had the following inventory balances at the beginning and end of May Raw materials Finished Goods Work in Process Hay 1 $30,500 $80,000 $18,500 May 30 $40,000 $76,000 $17,270 1:32:40 During May. 563,500 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was 512 per direct labor hour, and it paid its direct labor workers 515 per hour. A total of 400 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 57550 of direct materials cost The Corporation incurred $43.500 of actual manufacturing overhead cost during the month and applied $42.600 in manufacturing overhead cost The amount of direct labor cost in the May 30 Work in Process inventory was Multiple Choice O $5,000 O $5.400 Type here to search Tyare Corporation had the following inventory balances at t Raw materials Finished Goods Work in Process May 1 $30,500 $80,000 $18,500 May 30 $40,000 $76,000 $17,270 During May, $63,500 in raw materials (all direct materials) were direct labor-hour, and it paid its direct labor workers $15 per hou inventory account. The ending Work in Process inventory accou overhead cost during the month and applied $42.600 in manufa The amount of direct labor cost in the May 30 Work in Process in Multiple Choice O $5000 $5

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