Subject:- Account Dacosta Corporation had only one job in process on May 1. The job had been charged with $1,900 of direct materials, $6,966 of direct labor, and $9,964 ofmanufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $18.60 per direct labor-hour.During May, the following activity was recorded:Raw materials (all direct materials):Beginning balancePurchased during the monthUsed in productionLabor:Direct labor-hours worked during the monthDirect labor cost incurredActual manufacturing overhead costs incurredInventories:$ 8,600$38,100$39,4002,000$24,610$33,400?$18,260Raw materials, May 30Work in process, May 30Work in process inventory on May 30 contains $3,759 of direct labor cost. Raw materials consist solely of items that are classified as direct materials.The cost of goods manufactured for May was: Multiple ChoiceOOOO$110,620$101,210$103,077$101,780

Name: Subject:- Account Dacosta Corporation had only one job in process on M
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Subject:- Account Dacosta Corporation had only one job in process on May 1. The job had been charged with $1,900 of direct materials, $6,966 of direct labor, and $9,964 ofmanufacturing overhead cost. The company assigns overhead cost to jobs using th