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Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $202,800 of...

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Accounting

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $202,800 of raw materials on credit; issued materials to production of $199,000 of which $31,200 were indirect. Minstrel incurred a factory payroll of $152,400, of which $41,200 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. Minstrel's beginning and ending Work in Process Inventory are $15,900 and $27,800 respectively. Compute the cost of jobs transferred to Finished Goods Inventory.

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