Conrad, Incorporated recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.
Cost of Goods Sold $
WorkinProcess Inventory, Beginning
WorkinProcess Inventory, Ending
Selling and Administrative Expense
Finished Goods Inventory, Ending
Finished Goods Inventory, Beginning
Direct Materials Used
Factory Overhead Applied
Operating Income
Direct Materials Inventory, Beginning
Direct Materials Inventory, Ending
Cost of Goods Manufactured
Direct labor cost incurred during the period amounted to times the factory overhead. The Chief Financial Officer of Conrad, Incorporated has asked you to recalculate the following accounts and to report to him by the end of the day.
What is the amount of direct materials purchased?
Multiple Choice
$
$
$
$
$
