uf Product D was receivet. The stundard cost of ure unit of Product D is as fulloas. Narmal coaity fo- the month was 4000 mathine hatrs. Durina danuary the following traradzione aplicable to lab Na. 12 cocuried. . Turchsed 3,200 pounds of an materials triscount at $106 per pound 2. Roquis tioned 3,100 pouncis of rasmatcrialsifar Job Na. 12. 1. Worked 1.560 haurs of Jirect labor on Jub Nas. 12 b. Applifodoritheat to bab Na. 12 an batiso standandmatine harsalloned 7. Corrpleted Jubvu. 12. (ai) Jorgensen Corporation uses standard costs with its job order cost accounting system. In January, an order (Job No. 12) for 1,000 u of Product B was received. The standard cost of one unit of Product B is as follows. Normal capacity for the month was 4,030 machine hours. During January, the following transactions applicable to Job No. 12 occurred. 1. Purchased 3,100 pounds of raw materials on account at $1.06 per pound. 2. Requisitioned 3,100 pounds of raw materials for Job No. 12. 3. Incurred 1,580 hours of direct labor at a rate of $9.90 per hour. 4. Worked 1,580 hours of direct labor on Job No. 12. 5. Incurred manufacturing overhead on account $16,670. 6. Applied overhead to Job No. 12 on basis of standard machine hours allowed. 7. Completed Job No. 12. 8. Billed customer for Job No. 12 at a selling price of $75,000