Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. Minstrels beginning and ending Work in Process Inventory are $15,000 and $27,000 respectively. Compute the cost of jobs transferred to Finished Goods Inventory.

Question 18Select one:

a.

$440,000

b.

$415,000

c.

$413,000

d.

$428,000