The Falcon Company does not maintain backup documents for its
computer files. In June, some of the current data were lost, and
you have been asked to help reconstruct the data. The following
beginning balances on June 1 are known: Direct Materials Inventory
$ 13,600 Work-in-Process Inventory 6,100 Finished Goods Inventory
14,600 Manufacturing Overhead Control 32,500 Accounts Payable 7,600
Reviewing old documents and interviewing selected employees have
generated the following additional information: The production
superintendent’s job cost sheets indicated that materials of $4,200
were included in the June 30 Work-in-Process Inventory. Also, 460
direct labor-hours had been paid at $6.00 per hour for the jobs in
process on June 30. The Accounts Payable account is only for direct
material purchases. The clerk remembers clearly that the balance in
the Accounts Payable on June 30 was $9,600. An analysis of canceled
checks indicated payments of $56,000 were made to suppliers during
June. Payroll records indicate that 6,800 direct labor-hours were
recorded for June. It was verified that there were no variations in
pay rates among employees during June. Records at the warehouse
indicate that the Finished Goods Inventory totaled $19,200 on June
30. Another record kept manually indicates that the Cost of Goods
Sold in June totaled $100,000. The predetermined overhead rate was
based on an estimated 76,000 direct labor-hours for the year and an
estimated $152,000 in manufacturing overhead costs. What is the
amount of direct materials purchased during June?