Dacosta Corporation had only one jol^g process on May 1. The job had been charged with $1,800 of direct materials, $6,966 of direct labor, and $9,936 of manufacturing overheadcost. The company assigns overhead cost to jobs using the predetermined overhead rate of $18.40 per direct labor-hour. During May. the following activity was recorded: Raw materials (all direct materials): Beginning balance $ 8,590 Purchased during the month $38,090 Used in production $39,300 Labor: Direct labor-hours worked during the month 1,900 Direct labor cost incurred $24,510 Actual manufacturing overhead costs incurred $33,300 Inventories: Raw materials. May 30 ? Work in process. May 30 $16,937 Work in process inventory on May 30 contains $3,741 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. The cost of goods manufactured for May was:

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Chapter1: Financial Statements And Business Decisions
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Dacosta Corporation had only one jol^g process on May 1. The job had been charged with $1,800 of direct materials, $6,966 of direct labor, and $9,936 of manufacturing overheadcost. The company assigns overhead cost to jobs using the predetermined overhead rate of $18.40 per direct labor-hour. During May. the following activity was recorded: Raw materials (all direct materials): Beginning balance $ 8,590 Purchased during the month $38,090 Used in production $39,300 Labor: Direct labor-hours worked during the month 1,900 Direct labor cost incurred $24,510 Actual manufacturing overhead costs incurred $33,300 Inventories: Raw materials. May 30 ? Work in process. May 30 $16,937 Work in process inventory on May 30 contains $3,741 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. The cost of goods manufactured for May was:

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