Jorgensen 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. Normal capacity for the month was 4,500 machine hours. During January, the following transactions applicable to Job No. 12 occurred. 1. Purchased 3,100 pounds of raw materials on account at $1.44 per pound. 2. Requisitioned 3,100 pounds of raw materials for Job No. 12 . 3. Incurred 1,580 hours of direct labor at a rate of $8.90 per hour. 4. Worked 1,580 hours of direct labor on Job No. 12. 5. Incurred manufacturing overhead on account $17,090. 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 $80,000. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 8. (To record sales.) (To record cost of goods sold.)