*P25-6A Jorgensen Corporation uses standard costs with its job order cost accounting January, an order (Job No. standard cost of one unit of Product B is as follows. 3.00 3 pounds at $1.00 per pound Direct materials 8.00 Direct labor 1 hour at $8.00 per hour 2 hours (variable $4.00 per machine hour; Overhead fixed $2.25 per machine hour) 12.50 Standard cost per unit $23.50 Normal capacity for the month was 4,200 machine hours. During January, the following transactions applicable to Job No. 12 occurred. 1. Purchased 6,200 pounds of raw materials on account at $1.05 per pound. 2. Requisitioned 6,200 pounds of raw materials for Job No. 3. Incurred 2,000 hours of direct labor at a rate of $7.80 er hour. 4. Worked 2,000 hours of direct labor on Job No. 12