Tyare Corporation had the following inventory balances at the beginning and end of May: During...
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Tyare Corporation had the following inventory balances at the beginning and end of May: During May, $67,500 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 480 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 $7,950 of direct materials cost. The Corporation incurred $44,700 of actual manufacturing overhead cost during the month and applied $45,000 in manufacturing overhead cost. The amount of direct labor cost in the May 30 Work in Process inventory was: Corporation incurred $44,700 of actuof manufacturing overhe the month and applied $45,000 in manufocturing overheod co The amount of direct labor cost in the May: 30 Wark in Proses Mulnpie Choice $4,416 $5.520 55,040 $9.936 Tyare Corporation had the following inventory balances at the beginning and end of May: During May, $67,500 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 480 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 $7,950 of direct materials cost. The Corporation incurred $44,700 of actual manufacturing overhead cost during the month and applied $45,000 in manufacturing overhead cost. The amount of direct labor cost in the May 30 Work in Process inventory was: Corporation incurred $44,700 of actuof manufacturing overhe the month and applied $45,000 in manufocturing overheod co The amount of direct labor cost in the May: 30 Wark in Proses Mulnpie Choice $4,416 $5.520 55,040 $9.936



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