A company's overhead rate is 60% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used. Work in Process Inventory 113,000 ? Factory Overhead 113,000 101,7 .. Beginning WIP Direct Materials Direct Labor Applied Overhead To Finished Goods Ending WIP 147,000 Finished Goods Inventory Beginning FG 132,700 364,600 159,500 337,800 Ending FG A company's overhead rate is 60% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used, Factory Overhead 113,000 101,700 Beginning WIP Direct Materials Direct Labor Applied Overhead To Finished Goods Ending WIP Work in Process Inventory 113,000 ? ? ? 2 Beginning FG 147,000 Finished Goods Inventory 132,700 364,600 159,500 337,800 Ending FG