Required Informatlon

Problem $19-1$A $($Algo$)$ Computing job costs and overhead rate; assigning costs to inventory LO C$1,$ P$3$

$[$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.

Addltional Information

a$.$ Job $5$ was started in May, and the following costs were assigned to it in May. direct materials, $$7,600$; direct labor,

$$3,400$; and applied overhead, $$2,500.$ 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 $19-1$A $($Algo$)$ Part $4$

What is the total cost transferred to Finished Goods Inventory in June?

Total transferred cost