The following Information applies to Job 730 completed by Perez Manufacturing Company during the month of October. The amount of labor cost for the job was $86,500. Applied overhead amounted to $105,000. The project was completed and delivered to Hudson Company at a contract price of $305,000. Perez recognized a gross profit of $54,400 on the job. Required Determine the amount of raw materials used to complete Job 730. Amount of raw materiale