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Daane Company had only one job in process on May 1. The job had been charged with $1,250 of direct materials, $4,220 of direct labor, and $5,950 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $20.50 per direct labor hour. During May, the following activity was recorded: |
| Raw materials (all direct materials): | |
| Beginning balance | $ 13,200 |
| Purchased during the month | $20,200 |
| Used in production | $31,200 |
| Labor: | |
| Direct labor hours worked during the month | 2,290 |
| Direct labor cost incurred | $28,625 |
| Actual manufacturing overhead costs incurred | $39,400 |
| Inventories: | |
| Raw materials, May 30 | ? |
| Work in process, May 30 | $16,400 |
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Work in process inventory on May 30 contains $2,750 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. |
| The amount of direct materials cost in the May 30 work in process inventory account was: (Round intermediate calculations to 2 decimal places.) |
| $9,260 | |
| $9,140 | |
| $9,020 | |
| $9,660 |