Southwestern Fashions, Inc. which uses a job-order costing system, had two jobs in process at the start of the year: job no. 101 ($84,000) and job no. 102 ($53,400). The following information is available:

a.	The company applies manufacturing overhead on the basis of machine hours (based on practical capacity). Budgeted overhead and machine activity for the year were anticipated to be $792,000, and 16,000 hours, respectively.
b.	The company worked on four jobs during the first quarter. Direct materials used, direct labor incurred, and machine hours consumed were as follows:

Direct Direct Machine Job No. Materia Labor Hours 101 $21,000 $35,000 1,200 102 700 22.000 103 44,000 65.000 2.000 15.000 8800 500 104 c. Manufacturing overhead during the first quarter included charges for depreciation ($33,900), indirect labor ($60,200), indirect materials used ($5,200), and other factory costs ($139,600). d. Southwestern Fashions completed job no. 101 and job no. 102. Job no. 102 was sold on account, producing a profit of $34,900 for the firm