Tyare Corporation had the following inventory balances at the beginning and end of May: May 1May 30Raw materials$25,500 $30,000 Finished Goods$75,000 $66,000 Work in Process$13,500 $16,500 During May, $58,500 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 300 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 $7,050 of direct materials cost. The Corporation incurred $42,000 of actual manufacturing overhead cost during the month and applied $39,600 in manufacturing overhead cost. The actual
direct labor-hours worked during May totaled:
A. 3,500 hours
B. 2,800 hours
C. 3,300 hours
D. 3,600 hours
Answer: C
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