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 62,000

Direct Materials ?

Direct Labor ?

Applied Overhead ?

To Finished Goods ?

Ending WIP 72,000

Factory Overhead

150,000 152,000

Finished Goods Inventory

Beginning FG 52,000

277,000 282,000

Ending FG 47,000

Multiple Choice

$59,000.

$282,000.

$292,000.

$277,000.

$148,000