A company operates a job costing system. The company's standard net profit margin is 20% of sales value. The estimated costs for job B 124 are as follows: Direct material3 3kg@$5 per kg Direct labour 4 hours@\$9 per hour Production overheads are budgeted to be $240,000 for the period, to be recovered on the basis of a total of 30,000 labour hours. Other overheads, related to selling, distribution and administration, are budgeted to be $150,000 for the period. They are to be recovered based on the total budgeted production cost of $750,000 for the period. What price should be quoted for job B 124 (to the nearest cent)