4) Leandro Corp. manufactures wooden desks. Production consists of three processes: cutting, assembly and finishing. The following costs are given for Aprit Cutting Assembly Finishing Direct Materials $7,000 $ 10,000 $ 3,000 Direct Labor 3,000 14,000 2,000 Applied Overhead 4,000 5,000 6,000 There were no work in process inventories and 1,000 podiums were produced. What is the cost transferred out of the assembly department? a) $ 43,000 b) $ 54,000 c) $29,000 d) $ 14,000 Answer: (3 points)