only answer the second one i postes

The accounting staff at Valencia Manufacturing, Incorporated has provided the following data for the month of July. The balance in the Work in Process Inventory account was $32,000 at the beginning of the month and $22.000 at the end of the month. During the month, the Corporation incurred direct materials cost of $57.000 and direct labor cost of $31,000. The actual manufacturing overhead cost incurred was $54,000. The manufacturing overhead cost applied to Work in Process was $53,000. The cost of goods manufactured for July was: Multiple Choice $152,000 $142.000 5141,000 O 5151000 The following are the inventory balances at the beginning and end of May for Timpkin Company May 1 May 30 Raw materials $31,000 $41,000 Finished Goods $80,500 $77,000 Work in Process $19,000 $17,347 During May. $64,000 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 410 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 $7,600 of direct materials cost. The Company incurred $43,650 of actual manufacturing overhead cost during the month and applled $42,900 in manufacturing overhead cost The direct materials cost in the May 1 Work in Process Inventory account totaled: Multiple Choice $12.850 $7.930 554080 ( 9 188 Next >