Multiple Choice
Dapper Corporation had only one job in process on May 1.The job had been charged with $3, 400 of direct materials, $4, 640 of direct labor, and $9, 200 of manufacturing overhead cost.The company assigns overhead cost to jobs using the predetermined overhead rate of $23.00 per direct labor-hour. During May, the following activity was recorded: 
Work in process inventory on May 30 contains $7, 540 of direct labor cost.Raw materials consist solely of items that are classified as direct materials.
The balance in the raw materials inventory account on May 30 was:
A) $33, 500
B) $2, 000
C) $40, 000
D) $6, 500
Correct Answer:
Verified
Correct Answer:
Verified
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