Rock and Rollers Manufacturing Limited has a job to produce knapsacks (JOB124) that has workin-progress of $1,500,000 and $1,350,000 on January 1, 2018 and December 31, 2018 respectively. It is the entitys policy to absorb overheads based on direct labour hours. The budgeted overheads for the period were $7,500,000, while the budgeted direct labour hours are 750,000 hours. Additionally, the firm applies a mark-up of 30% on cost. The following information below relates to JOB124 for the period ended December 31, 2018: Direct material $6,900,000 Direct Labour $3,600,000 Direct Labour rate $9 Direct expenses $1,500,000 Required: (a) Determine the production cost of JOB124.