Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage of direct labor cost. Cost flows through the Work in Process Inventory account during March are given below:

Work in Process
Debit	Credit
Beginning Balance	0	Transferred Out	300,000
Direct Materials	70,000
Direct Labor	100,000
Overhead	260,000
Ending Balance	130,000

Only Job #007 was still in process at the end of March and this job had been charged with $40,000 in direct materials cost.

The amount of direct materials cost charged to completed jobs during March was:

Question 1 options:

	$30,000.
	$20,000.
	$50,000.
	$40,000.