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 $65,000 Work-in-Process Inventory, 10,500 Beginning Work-in-Process Inventory, Ending 9,000 Selling and Administrative Expense | 15,000 Finished Goods Inventory, Ending | 15,000 Finished Goods Inventory, Beginning Direct Materials Used Factory Overhead Applied 12,000 Operating Income 14,000 Direct Materials Inventory, 11,000 Beginning Direct Materials Inventory, Ending 6,000 Cost of Goods Manufactured 60,000 Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The CFO of Fisher, 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? $50,500. $56,400. $58,500. $52,000