DEF Corp. has a job order cost system. The following debits (credits) appeared in WIP for the month of July: July 1 balance July 31, direct materials July 31, direct labor July 31, factory overhead July 31, to finished goods P 36,000 120,000 90,000 81,000 (300,000) DEF applies overhead to production at a predetermined rate of 75% based on the direct labor cost. Job 1040, the only job still in process of July, has been charged with factory overhead of P6,750. What was the amount of direct materials charged to Job 1040? a. P11,250 b. P2,750 c. P20,250 Od. P7,500