Reference no: EM132977540
Question - Conrad, Inc. recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.
Cost of Goods Sold $72,500
Work-in-Process Inventory, Beginning 13,500
Work-in-Process Inventory, Ending 10,500
Selling and Administrative Expense 18,750
Finished Goods Inventory, Ending 19,125
Finished Goods Inventory, Beginning ?
Direct Materials Used ?
Factory Overhead Applied 13,500
Operating Income 14,825
Direct Materials Inventory, Beginning 11,675
Direct Materials Inventory, Ending 6,525
Cost of Goods Manufactured 67,050
Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The CFO of Conrad, Inc. 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 total manufacturing cost?
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What is the amount of total manufacturing cost
: Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. What is the amount of total manufacturing cost
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