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 disk.
Cost of Goods Sold $439,800
Work-in-Process Inventory, Beginning $36,100
Work-in-Process Inventory, Ending $46,600
Selling and Administrative Expense $60,800
Finished Good Inventory, Ending $17,900
Direct Materials Purchased $210,300
Factory Overhead Applied $134,100
Operating Income $24,900
Direct Materials Inventory, Ending $6,800
Cost of Goods Manufactured $389,300
Direct Labor $67,300
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 available for use?