A company's overhead rate is 200% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used. Beginning WIP Direct Materials Direct Labor Applied Overhead. To Finished Goods Work in Process Inventory 70,000 Ending WIP 80,000 Factory Overhead 158,000 160,000 Finished Goods Inventory Beginning FG 60,000 Ending FG 285,000 55,000 290,000 4