A company's overhead rate is 40% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used 4 int 8004930 Work in Process Investos Beginning WIP 112,200 Direct materials 2 Direct labor 2 Applied overhead 2 To finished goods Ending WIP 145.900 Factory Overhead 112,200 Finished Goods Inventory Beginning TC 131,700 361,900 Ending FG 158,200 Book 100,980 335,400 Multiple Choice $23.00 $19.900 Multiple Choice $33,700 927 $191,900 $42,170 $361.900 $319730