Bard manufacturing uses a job order cost accounting system

Reference no: EM13608903

Bard Manufacturing uses a job order cost accounting system. During one month Bard purchased $189,000 of raw materials on credit; issued materials to production of $214,000 of which $11,000 were indirect. Bard incurred a factory payroll of $158,000, paid in cash, of which $21,000 is classified as indirect labor. Bard uses a predetermined overhead application rate of 150% of direct labor cost. Bard's beginning and ending Goods in Process Inventory are $16,300 and $27,800 respectively. Compute the cost of product transferred to Finished Goods Inventory:

Reference no: EM13608903

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