(4 points) Billy Baroo Company uses a job order cost system. The following information was found in the Work-in-Process account for the month of July. Date Description Amount July 1 Balance $12,000 July 2-29 Direct labor 38,000 July 2-29 Direct Materials 52,000 July 2-29 Factory overhead 30,400 July 31 Transfer to finished goods (80,000) Billy Baroo applies overhead to production at a predetermined rate of 80% based on the direct labor cost. Job #23, the only job still in process at the end of July, has been charged with direct labor of $12,000. (1) (2 point) What is the ending balance of work-in-process account? (2) (2 point) What was cost of direct material charged to Job #23