Reference no: EM133162150
Question - 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 $72,000
Work-in-Process Inventory, Beginning 13,300
Work-in-Process Inventory, Ending 10,400
Selling and Administrative Expense 18,500
Finished Goods Inventory, Ending 18,850
Finished Goods Inventory, Beginning ?
Direct Materials Used ?
Factory Overhead Applied 13,400
Operating Income 14,770
Direct Materials Inventory, Beginning 11,630
Direct Materials Inventory, Ending 6,490
Cost of Goods Manufactured 66,580
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. What is the amount of total manufacturing cost?
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