Question 4 Epic Inc recently lost a portion of its records. The following information was available from the accounting records. $ 65,000 Cost of Goods Sold 10.500 Work-in-Process Inventory, Beginning 6,000 Work-in-Process Inventory, Ending 6,000 Selling and Administrative Expense 15.000 Finished Goods Inventory, Ending ? Finished Goods Inventory, Beginning Direct Materials Used ? Factory Overhead Applied 12,000 Operating Income 4,000 Direct Materials Inventory, Beginning 11,000 Direct Materials Inventory, Ending 16.000 Cost of Goods Manufactured 58,000 baddamunted 16time the factshed MacBook Pro 6,000 Selling and Administrative Expense 15,000 Finished Goods Inventory, Ending ? Finished Goods Inventory, Beginning ? Direct Materials Used 12.000 Factory Overhead Applied 4,000 Operating income 11.000 Direct Materials Inventory. Beginning 16.000 Direct Materials Inventory, Ending 58,000 Cost of Goods Manufactured Direct labor cost incurred during the period amounted to 15 times the factory overhead What is the amount of net sales? 575.000 572,500 $68.500 $94.000 MacBook Pro (:// 1:1 l R