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 |
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