Conrad, Incorporated recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.

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Cost of goods sold: $$65,000$

Work$-$in$-$process beginning $10,500$

Work$-$in$-$process ending $9,000$

selling administrative expense $15,000$

Finished Goods inventory ending $15,000$

Finished good inventory beginning $?$

Direct materials used $?$

Factory overhead applied $12,000$

Operating income $14,000$

Direct materials beginning $11,000$

Direct materials inventory ending $6,000$

Cost of goods manufactured $60,000$

C

Direct labor cost incurred during the period amounted to $1\mathrm{.}5$ times the factory overhead. The Chief Financial Officer of Conrad, Incorprated has asked hou to recalculate the following accounts and to report to him by the end of the day.

WHAT IS THE AMOUNT OF NET SALES?

A$.$ $$96,000$

B$.$ $$94,000$

C$.$ $$68,500$

D$.$ $$75,000$