38. A company's overhead rate is 60% of direct labor cost. Using the following incom plete accounts, determine the cost of direct materials used Goods in Process Inventory Finished Goods Inventory Beg. Bal. 100,800 DM D.L. End. Bal 31,040 Beg. Bal 118.200 324.800 301,000 End. Bal.142.000 Factory Overhead 93,240 90,720 $324,800 O$106,400 O s30.240. $211,680 O $113,120