Exercise 5.34 Nash Company uses a ob costing system overhead s allocated based on 120% of direct labour cost. Last months transactions n the workin process account are shown here: Work in Process Beginning balance $50,200 Direct materials 172,100 To finished goods $469,200 Direct labour Factory overhead 137,500 Only one job, #850, was still in process at the end of the month. Job 850 was charged with s 9,900 in overhead forthe month 129,800 What is the ending balance in the WIP account? Ending balance LINK TO TEXT LINK TO TEXT How much direct labour cost was used for Job 850? Direct labour What is the amount of direct materials used for Job 850? Direct materlals LINK TO TEXT LINK TO TEXT