I. Mars Electronics Incorporated delivered 1,000 custom-designed computer monitors (Job 101) on February 10 to its customer Blitz Computer Center. They have ordered on January 1 (assume 30 days production period). The following cost information was compiled in connection with this order: Direct materials used: Part A321: 1 unit at P30 per monitor Part B987: 1 unit at P60 per monitor Direct labor used: Assembly: 6 hours per monitor at the rate of P50 per hour Inspection: 1 hour per monitor at the rate of P45 per hour In addition, the cost of manufacturing overhead is assigned to jobs based on direct labor hours. The estimated manufacturing overhead costs and direct labor hours are P25,000 and 5,000, respectively. Mars has a policy to add a 20% mark-up to estimated job costs to arrive at the selling price. Required: a. Prepare a job cost sheet for this job b. Determine the cost per monitor c. Compute the sales price of the job