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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

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 $

68,000

Work-in-Process Inventory, Beginning 11,700
Work-in-Process Inventory, Ending 9,600
Selling and Administrative Expense 16,500
Finished Goods Inventory, Ending 16,650
Finished Goods Inventory, Beginning ?
Direct Materials Used ?
Factory Overhead Applied 12,600
Operating Income 14,330
Direct Materials Inventory, Beginning 11,270
Direct Materials Inventory, Ending 6,210
Cost of Goods Manufactured 62,820

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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