15 Randall Company manufactures products to customer specafications. A job costing system is used to accumulate production costs Factory overhead cost was applied at 125% of direct labor cost Selected data concerning the past year's operation of the company are presented below Direct materials Work in process Finished goods Other information Direct materials purchases Cost of goods available for sale Actual factory overhead costs s 77,000 40,800 42,880 100,980 00 47 24 66,000 115,000 $324,eee 958,000 260,000 The cost of direct materials used for production is Multiple Choice