Haslett Corporation uses standard costs with its job order cost accounting system. In January, an order (Job No. 12) for 1,300 units of Product B was received. The standard cost of one unit of Product B is as follows.

Direct materials		2 pounds at $1.00 per pound		$ 2.00
Direct labor		2.00 hour at $9 per hour		18.00
Overhead		2 hours (variable $4.50 per machine hour; fixed $2.50 per machine hour)		14.00
Standard cost per unit				$34.00

Normal capacity for the month was 4,050 machine hours. During January, the following transactions applicable to Job No. 12 occurred.

1.		Purchased 2,834 pounds of raw materials on account at $1.07 per pound.
2.		Requisitioned 2,834 pounds of raw materials for Job No. 12.
3.		Incurred 2,691 hours of direct labor at a rate of $8.86 per hour.
4.		Worked 2,691 hours of direct labor on Job No. 12.
5.		Incurred manufacturing overhead on account $33,730.
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 $115,700.