Selected accounts with some debits and credits omitted are presented as follows: Work in Process Aug.01 Balance $263,560 Aug.31 Goods finished $156,650 Aug.31 Direct materials X Aug.31 Direct labor $33,900 Aug.31 Factory overhead X Factory Overhead Aug.01-31 Costs incurred $108,970 Aug.01 Balance $12,820 Aug.31 Applied (30% of direct labor cost) X If the balance of Work in Process at August 31 is $205,600, what was the amount debited to Work in Process for direct materials in August? Select the correct answer. $54,620 $503,060 $91,860 $346,410