Bramble Corporation uses standard costs with its job order cost accounting system. In January, an order (Job No. 12) for 1,000 units of Product B was received. The standard cost of one unit of Product B is as follows. Direct materials 3 pounds at $1.30 per pound $3.90 Direct labor Overhead 1.10 hour at $8.00 per hour 8.80 2 hours (variable $4.00 per machine hour; fixed $3.30 per machine hour) 14.60 Standard cost per unit $27.30 Normal capacity for the month was 4,010 machine hours. During January, the following transactions applicable to Job No. 12 occurred. 1. Purchased 3,100 pounds of raw materials on account at $1.36 per pound. 2. Requisitioned 3,100 pounds of raw materials for Job No. 12. 3. Incurred 1,180 hours of direct labor at a rate of $7.95 per hour. 4. Worked 1,180 hours of direct labor on Job No. 12. 5. Incurred manufacturing overhead on account $15,880. 6. Applied overhead to Job No. 12 on basis of standard machine hours allowed. 7. Completed Job No. 12. 8. Billed customer for Job No. 12 at a selling price of $90,000.