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Conrad, Incorporated recently lost a portion of its records in an office fire. The following...

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Accounting

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$ 72,000Work-in-Process Inventory, Beginning13,300Work-in-Process Inventory, Ending10,400Selling and Administrative Expense18,500Finished Goods Inventory, Ending18,850Finished Goods Inventory, Beginning?Direct Materials Used?Factory Overhead Applied13,400Operating Income14,770Direct Materials Inventory, Beginning11,630Direct Materials Inventory, Ending6,490Cost of Goods Manufactured66,580 Direct labor cost incurred during the period amounted to 1.5 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?

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