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 $ 66,000 Work in Process inventory, Beginning 10,900 Work-in-Process Inventory, Ending 9.200 Selling and Administrative Expense 15.500 Finished Goods inventory, Ending 15,550 Finished Goods inventory, Beginning ? Direct Materials Used Factory Overhead Applied Operating Income 14.110 Direct Materials inventory. Beginning 11,090 Direct Materials inventory, Ending 6,070 Cost of Goods Manufactured 60,940 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 COS? 557,140 551,240 $59.240. $52,740 ? 12,200 Stephenson Company's computer system recently crashed, erasing much of the company's financial data. The following accounting information was discovered soon afterwards on the CFO's back-up computer data Cost of Goods Sold $ 396,000 Work-in-Process Inventory, Beginning 34,000 Work in Process inventory, Ending 44,800 Selling and Administrative Expense 57,200 Finished Goods Inventory, Ending 17.400 Finished Goods inventory, Beginning? Direct Materials Purchased 188,600 Factory Overhead Applied 186.400 Operating Income 30.800 Direct Materials inventory, Beginning 22.800 Direct Materials inventory, Ending 0.800 Cost of Goods Manufactured 396,800 Direct Labor 16,600 The CFO of Stephenson Company has asked you to recalculate the following accounts and report to him by week's end, What should be the amount of direct materials available for use 5204,600. 1211,400 $18.400 5228,800 L&L, CPAS, employs two full-time professional CPA and five support employees Budgeted direct salary costs include $160,000 for each CPA. The support employees are considered as indirect costs, and this cost was budgeted for $200,000 although the actual cost was $225.000. Actual salaries were $155.000 for each CPA Direct and indirect costs are applied on a CPA-labor-hour basis total budgeted CPA labor hours were 5,000. If a client used 500 labor hours, what are the budgeted direct.cost rate and the budgeted indirect cost rate, respectively 562: 540 190: 140 OS: 140 1100