The following selected data were taken from the books of the Owens O Rings Company The company is job ting to account for manufacturing costs. The data relate to April operations (1) Materials and supplies were requisitioned from the stores clerk as follows: Job 105, material X S7000 Job 406, material X. $3,000, material Y. 56,000 Job 407, material X, $7,000, material Y. $3,200. For general factory use: materials A, B, and C, $2,300. (2) Time tickets for the month were chargeable as follows. Job 405 Job 406 Job 407 Indirect labor $ 11,000 14,000 8,000 3,700 3,000 hours 3,680 hours 1,900 hours Other information: -ctory paychecks for $36,700 were issued during the month. rious factory overhead charges of $19,400 were incurred on account $5.00 Job 405 Job 406 Job 407 Indirect labor $ 11,000 14,000 8,000 3,700 3.000 hours 3,600 hours 1,900 hours 20 (3) Other information Factory paychecks for $36,700 were issued during the month Various factory overhead charges of $19,400 were incurred on account. Depreciation of factory equipment for the month was $5,400 Factory overhead was applied to jobs at the rate of $3.50 per direct labor hour. Job orders completed during the month Job 405 and Job 406. Selling and administrative costs were $2,100. Factory overhead is closed out only at the end of the year. If Job 406 was sold on account for $41,500, how much gross profit would be recognized for the job? Multiple Choice enn