Billy Baroo Company uses a job order cost system. The following information was found in the Work-in-Process account for the month of July.

Date	Description	Amount [DR. or (CR.)]
July 1	Balance	$12,000
July 31	Direct labor	38,000
July 31	Direct materials	52,000
July 31	Factory overhead	30,400
July 31	Transfer to finished goods	(80,000	)

Billy Baroo applies overhead to production at a predetermined rate of 80% based on the direct labor cost. Job #23, the only job still in process at the end of July, has been charged with direct labor of $12,000. Direct material charged to Job #23 was:

Multiple Choice

• $22,560.

• $52,400.

• $40,400.

• $30,800.