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Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $ 1 9 8 , 0 0 0 of raw materials on

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. Minstrel's beginning and ending Work in Process Inventory are $15,000 and $27,000 respectively. Compute the cost of jobs transferred to Finished Goods Inventory.

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