Pedantic Company uses a job order cost system and applies overhead to production on the basis of direct labor hours. On February $1,20$X$2,$ Job No$,25$ was the only job in process. The cost: to February $1$ on job No$.25$ were $$24,000.$

Job No$.23$ had been completed at a cost of $$42,000$ and was part of finished goods inventory on February $1.$ There was a $$5,000$ balance in the Raw Materials Inventory account.

During the month of February, the company began production on Jobs $26$ and $27,$ and completed Jobs $25$ and $26.$ Jobs $23$ and $25$ were sold on account during the month for $$63,000$ and $$74,000,$ respectively. The following additional events occurred during the month.

Purchased additional raw materials of $$45,000$ on account.

Incurred factory labor costs of $$33,500.$ Of this amount, $$7,500$ related to employer payroll taxes.

Incurred manufacturing overhead costs as follows: indirect materials $$11,000$; indirect labor $$9,500$; and various other manufacturing overhead costs on account $$3,000.$

Assigned direct materials and direct labor to jobs as follows.

$\backslash$table$[[$Job No$.,$Direct Materials,Direct Labor$],[25,$$$5,000,$$$3,000$