Baltimore Manufacturing Corporation (BMC) incurred the below expenditure for 2020 for the manufacture of portable heater

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Baltimore Manufacturing Corporation (BMC) incurred the below
expenditure for 2020 for the manufacture of portable heaters.
During the year 2020, BMC suffered flood damages, and as a results,
all raw materials were totally damaged. BMC was able to calculate
the amounts for all the other cost elements except the raw
materials used.
2A. Consequently, BMC has engaged you, a forensic
accountant, to compute the amount recoverable from its insurance
company for raw materials used (Show your work
below).
Direct labor…………………………………………………….$60,000
Factory Foremen wages………………………………………..$32,000
Raw materials used for manufacturing…………………………$27,000
Purchases of raw materials……………………………………...$18,000
Import duties on raw materials…………………………………$7,000
Freight-in on raw materials……………………………………..$4,500
Factory overhead costs………………………………………….$3,000