An Engineering firm operates a job costing system. Production overhead is absorbed at the rate of $8.50 per machine hour. In order to allow for non production overhead costs and profit, a mark up of 60% of prime cost is added to the production cost when preparing price estimates. The estimated requirements of job number 808 are as follows: Direct materials $10,650 Direct Labour $3,260 Machine Hours 140 The estimated price notified to the customer for job number 808 will be