Conrad, Inc. recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.

Cost of Goods Sold	$	72,500
Work-in-Process Inventory, Beginning		13,500
Work-in-Process Inventory, Ending		10,500
Selling and Administrative Expense		18,750
Finished Goods Inventory, Ending		19,125
Finished Goods Inventory, Beginning		?
Direct Materials Used		?
Factory Overhead Applied		13,500
Operating Income		14,825
Direct Materials Inventory, Beginning		11,675
Direct Materials Inventory, Ending		6,525
Cost of Goods Manufactured		67,050

Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The CFO of Conrad, Inc. has asked you to recalculate the following accounts and to report to him by the end of the day.

What is the amount of total manufacturing cost?

Multiple Choice

• $56,050.

• $57,550.

• $61,950.

• $64,050.