14. (Critical Thinking Historically, factory overhead for Eads Company is 75% of in direct labor costs The following information about Eads Company's WIP Inventory account has been provided for the month of May: Work in Process Inventory Beg Balance 26,000 120,500 COGM DM 40,000 DL 50,000 MOH 37.500 End. Balance The remaining balance in Work in Process as of May 3.1. Included 59.600 of overhead costs. Given the above information, what would be the amount of direct materials cost in the ending balance of WIP? Suggested approach: First determine the ending balance in WIP and then use the information provided to determine how much of that ending balance is associated with labor and materials