Coronado Corporation accumulates the following data relative to jobs started and finished during the month of June 2025. Costs and Production Data Actual Standard Raw materials unit cost $2.20 $2.10 Raw materials units 11,400 10,700 Direct labor payroll $175,500 $167,200 Direct labor hours 15,000 15,200 Manufacturing overhead incurred $201,200 Manufacturing overhead applied $205,200 Machine hours expected to be used at normal capacity 43,500 Budgeted fixed overhead for June $65,250 Variable overhead rate per machine hour $3 Fixed overhead rate per machine hour $1.50 Overhead is applied on the basis of standard machine hours. Three hours of machine time are required for each direct labor hour. The jobs were sold for $492,000. Selling and administrative expenses were $39,500. Assume that the amount of raw materials purchased equaled the amount used.