Required information Problem 15-1A (Algo) Computing job costs and overhead rate; assigning costs to inventory LO C1, P3 [The following information applies to the questions displayed below.) At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Direct materials Direct labor Overhead applied Job 5 $ 18,400 11,400 5,700 Job 6 $ 34,700 17,600 8,800 Job 7 $28,700 24,400 12,200 Additional Information a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials, $7.700, direct labor, $3,500; and applied overhead, $2,600. Job 5 was finished in June. b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in July. c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. Problem 15-1A (Algo) Part 4 4. What is the total cost transferred to Finished Goods Inventory in June? Total transferred cost