Conrad, Incorporated recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records. Cost of Goods Sold Work-in-Process Inventory, Beginning Work-in-Process Inventory, Ending Selling and Administrative Expense: Finished Goods Inventory, Ending $ 68,500 11,900 9,700 16,750 16,925 Finished Goods Inventory, Beginning ? Direct Materials Used ? Factory Overhead Applied 12,700 Operating Income 14,385 Direct Materials Inventory, Beginning 11,315 Direct Materials Inventory, Ending 6,245 Cost of Goods Manufactured 63,290 Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The Chief Financial Officer of Conrad. Incorporated has asked you to recalculate the following accounts and to report to him by the end of the day.