Westerville Company's beginning and ending inventories for the month of May are May 1 May 31 Direct Materials $67,000 $62,000 Work in Process $145,000 $171,000 Finished Goods $85,000 $78,000 Production data for the month of May follows: Direct labor $200,000 Actual manufacturing overhead $132,000 Direct materials purchased $163,000 Transportation in $2,000 Westerville Company uses one overhead control account and charges overhead to production at 70% of direct labor cost. The company does not formally close the account until the end of the year. Westerville Company's total manufacturing cost for May is $363,000 $510,000 $503,000 $502,000