QUESTION 10 Stephenson Company's computer system recently crashed, erasing much of the company's financial data. The...

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QUESTION 10 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 $380,000 Work-in-Process Inventory, Beginning 30,000 Work-in-Process Inventory, Ending Selling and Administrative Expense Finished Goods Inventory, Ending 40,000 50,000 15,000 Finished Goods Inventory, Beginning Direct Materials Purchased 171,000 Factory Overhead Applied 112,000 Operating Income 22,000 18,000 Direct Materials Inventory, Beginning Direct Materials Inventory, Ending Cost of Goods Manufactured Direct Labor 6,000 340,000 $5,000 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 used? $112,000. $189,000. $183,000. $204,000. QUESTION 10 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 $380,000 Work-in-Process Inventory, Beginning 30,000 Work-in-Process Inventory, Ending Selling and Administrative Expense Finished Goods Inventory, Ending 40,000 50,000 15,000 Finished Goods Inventory, Beginning Direct Materials Purchased 171,000 Factory Overhead Applied 112,000 Operating Income 22,000 18,000 Direct Materials Inventory, Beginning Direct Materials Inventory, Ending Cost of Goods Manufactured Direct Labor 6,000 340,000 $5,000 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 used? $112,000. $189,000. $183,000. $204,000.