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. Description Date July 1 Balance July 31 Direct labor July 31. July 31 July 31 Direct materials Factory overhead Transfer to finished goods Amount [DR. or (CR.)] $16,250 46,500 69,000 37,200 (97,000) 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 $17,950. Direct material charged to Job #23 was: