Tyare Corporation had the following inventory balances at the beginning and end of May:
During May, $59 , 000 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 310 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 , 100 of direct materials cost. The Corporation
incurred $42 , 150 of actual manufacturing overhead cost during the month and applied $39 , 900
in manufacturing overhead cost. The direct materials cost in the May 1 Work in Process
inventory account totaled: Multiple Choice $10 , 280 $5 , 630 $9 , 350 $4 , 650.
Tyare Corporation had the following inventory balances at the beginnin (1).pdf
1. Tyare Corporation had the following inventory balances at the beginning and end of May:
During May, $59 , 000 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 310 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 , 100 of direct materials cost. The Corporation
incurred $42 , 150 of actual manufacturing overhead cost during the month and applied $39 , 900
in manufacturing overhead cost. The direct materials cost in the May 1 Work in Process
inventory account totaled: Multiple Choice $10 , 280 $5 , 630 $9 , 350 $4 , 650
