Simon and Son's has Accounts Receivable of $35,000, owes on account to Johnson Company $16,500 and has furniture totaling $12,250. They have $90,000 in cash on hand and the business has a $36,750 Note Payable. How much is Simon and Son's Owner's Equity? Use the accounting equation to solve this problem.

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?