2 Dunng last period, a company's direct labor cost was double the cost of its direct material used. In addition, factory overhead was $5,000 underapplied Use the following incomplete accounts to determine the cost of direct labor Goods in Process Inventory Finished Goods Inventory Beg. Bal. 76,000 COGM Beg Bal. 60,000 DM.26op0 D.L 7 93,000 76060 cacfo O.H F. G 7 SO00 7 End. Ba 71,000 End. Bal. 87.000 Factory Overhead 75.000 27-000 CyS15,000 B $88,000 C. $45,000 2 $70.000 $30,000