To keep records of the actual cost of a special order job, a Job Order Cost System has been developed. Overhead is applied at the rate of 50% of the direct labor cost. Job Order Costing Section On January 1, 20x2, Division S began Job 2407 for the Client, THE BIG CHILDREN STORE. The job called for 4,000 customized lamps. The following set of transactions occurred from January 5 until the job was completed: 5-Jan Purchased 4,025 Lamp Kits @ $16.70 per kit. 9-Jan 4,225 sets of Lamp Kits were requisitioned. 17-Jan Payroll of 580 Direct Labor Hours @ $9.65 per hour. 30-Jan Payroll of 630 Direct Labor Hours @ $9.90 per hour. 30-Jan 3,990 lamps were completed and shipped. All materials requisitioned were used or scrapped, and are a cost of normal processing. Month End Overhead Information Actual Variable Manufacturing Overhead Actual Fixed Manufacturing Overhead $ 1,331.00 $ 39,873.45 On January 1, 20x2, Division S began Job 2407 for the Client, THE BIG CHILDREN STORE. The job called for 4,000 customized lamps. The following set of transactions occurred from January 5 until the job was completed: 5-Jan Purchased 4,025 Lamp Kits @ $16.70 per kit. 9-Jan 4,225 sets of Lamp Kits were requisitioned. 17-Jan Payroll of 580 Direct Labor Hours @ $9.65 per hour. 30-Jan Payroll of 630 Direct Labor Hours @ $9.90 per hour. 30-Jan 3,990 lamps were completed and shipped. All materials requisitioned were used or scrapped, and are a cost of normal processing. Month End Overhead Information Actual Variable Manufacturing Overhead Actual Fixed Manufacturing Overhead Cost of Direct Labor Incurred in Manufacturing Job 2407 Cost of Direct Material Incurred in Manufacturing Job 2407 Cost of Manufacturing Overhead Applied to Job 2407 $ 1,331.00 $39,873.45 Cost of manufacturing one lamp Round to two places, $##.## (13.01) {13.02} (13.03) (13.04)