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, Beginning 10,500 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, Beginning 11,000 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 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

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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, Beginning 10,500 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, Beginning 11,000 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 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

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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

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Cost of Goods Sold	$	65,000
Work-in-Process Inventory, Beginning		10,500
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, Beginning		11,000
Direct Materials Inventory, Ending		6,000
Cost of Goods Manufactured		60,000