Finished goods inventory is $199,000. If overhead applied to these goods is $79,000, and the overhead rate is 110% of direct labor, how much direct materials cost was incurred in producing the inventory? (Round your intermediate calculations and final answer to nearest whole dollar.)
A. $71,818.
B. $86,900.
C. $46,182.
D. $33,100.
E. $48,182.
Answer: E
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