Nathan Hale Furniture Company refinishes and reupholsters furniture. Nathan Hale uses a job order cost system. When a prospective customer asks for a price quote on a job, the estimated cost data are inserted on an unnumbered job cost sheet. If the offer is accepted, a number is assigned to the job, and the costs incurred are recorded in the usual manner on the job cost sheet. After the job is completed, reasons for the variances between the estimated and actual costs are noted on the sheet. The data are then available to management in evaluating the efficiency of operations and in preparing quotes on future jobs. On September 1, an estimate of $ for reupholstering two chairs and a couch was given to Kendra Brown. The estimate was based on the following data: On September 4, the chairs and couch were picked up from the residence of Kendra Brown, 1244 Merchants Drive, Columbus, with a commitment to return them on October The job was completed on October 10. The related materials requisitions and time tickets are summarized as follows: Instructions Complete that portion of the job order cost sheet that would be prepared when the estimate is given to the customer. Assign number 00-10-23 to the job, record the costs incurred, and complete the job order cost sheet. Comment on the reasons for the variances between actual costs and estimated costs. For this purpose, assume that 3 meters of materials were spoiled, the factory overhead rate has been proved to be satisfactory, and an inexperienced employee performed the work