Problem 24-06A a-d Splish 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. Direct materials $3.30 Direct labor 11.00 3 pounds at $1.10 per pound 1.10 hour at $10.00 per hour 2 hours (variable $4.30 per machine hour; fixed $3.20 per machine hour) Overhead 15.00 Standard cost per unit $29.30 Normal capacity for the month was 4,060 machine hours. During January, the following transactions applicable to Job No. 12 occurred. 1. 2. 3. 4. Purchased 3,200 pounds of raw materials on account at $1.15 per pound. Requisitioned 3,200 pounds of raw materials for Job No. 12. Incurred 1,150 hours of direct labor at a rate of $9.90 per hour. Worked 1,150 hours of direct labor on Job No. 12. Incurred manufacturing overhead on account $16,600. Applied overhead to Job No. 12 on basis of standard machine hours allowed. Completed Job No. 12. Billed customer for Job No. 12 at a selling price of $95,000. 5. 6. 7. 8. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. 6. 7. 8. (To record sales.) (To record cost of goods sold.)