Conrad, Inc. recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records, $69,500 12,300 9,900 17.250 17,475 Cost of Goods Sold Work-in-Process Inventory, Beginning Work-in-Process 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 ? 12,900 14,495 11,485 6,315 64,230 Direct labor cost incurred during the period amounted to 15 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 direct materials purchased