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Bard Manufacturing uses a job order cost accounting system. During one month Bard purchased $207,000...

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Accounting

Bard Manufacturing uses a job order cost accounting system. During one month Bard purchased $207,000 of raw materials on credit; issued materials to production of $204,000 of which $21,000 were indirect. Bard incurred a factory payroll of $159,000, paid in cash, of which $31,000 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 $16,400 and $27,900 respectively. Compute the cost of product transferred to Finished Goods Inventory:

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