A company's overhead rate is 200% of direct labor cost. Using the following incomplete accounts determine the cost of direct materials used Work in Process Inventory Beginning WIP Direct Materials Direct Labor Applied Overhead To Finished Goods Ending WIP 55,000 65,000 Factory Overhead 143,000 145,000 Finished Goods Inventory Beginning FG 45,000 270,000 40,000 275,000 Ending FG Multiple Choice $275,000 $285,000 $270,000 $62,500 $137,500