A company's overhead rate is 40% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used. 4 Factory Overhead 103,588 93,150 Work in Process Tnventory Beginning WIP 103,500 Direct materials Direct labor Applied overhead To finished goods Ending WIP 134,600 Finished Goods Inventory Beginning FG 121,500 333,880 Ending FG 145,900 309,400 Multiple Choice 377000 $38.875 O 100 5294925 SEO