Reference no: EM133156689

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 $73,500

Work-in-Process Inventory, Beginning 13,900

Work-in-Process Inventory, Ending 10,700

Selling and Administrative Expense 19,250

Finished Goods Inventory, Ending 19,675

Finished Goods Inventory, Beginning ?

Direct Materials Used ?

Factory Overhead Applied 13,700

Operating Income 14,935

Direct Materials Inventory, Beginning 11,765

Direct Materials Inventory, Ending 6,595

Cost of Goods Manufactured 67,990

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.

Required - What is the amount of net sales?