3. From the following information prepare a Job cost sheet

The following costs were incurred on Job No.505

Direct material 1400

Wages : Dept A 70 hours at BD 40 Per hour

Dept B 65 hours at BD 30 per hour

Dept C 20 hours at BD 40 per hour

Variable Overhead:

Dept A BD 14 per hour

Dept B BD 32 per hour

Dept C BD 28 Per hour

Fixed Overhead : Estimated at BD 32000 for 2000 normal working hours.

You are required to find out cost of JOB NO 555 and the price to give profit of 20 % on selling price.