2. Precision Automobile Repair Shop (PARS), Inc., received a damaged automobile for repair. PARS incurred the following expenses to repair the damaged automobile.

Spare parts$1,000

Direct labor associated with the repairs (200 hours at $30 per hour)

Allocated rent.$500

Allocated foreman wages.2,000

Spoilage/damaged spare parts.800

Direct materials1,500

Estimated fee/profit is 25% of total direct labor and direct materials

Other direct costs bolts..1,700

Applied Advertising cost2,300

Requirement: Prepare a job cost statement for the damaged automobile.