Hi Charles
As a long time contractor I think your price is to low. To start with when you build a garage/shop you need more than just a flat slab to build on you need footings all the way around the perimeter in my area code requires the footing to be a minim of 16" wide by 8" thick that adds 3 yards of concrete plus the 3 yards you need for the rest of the slab , Then you will need rebar ,sand and or rock. I estimate that the concrete plus the other items for slab using the cost you gave for concrete in your area. This will cost from $800- $850 with out any labor to help form and poor and finish the concrete. Then you need material for framing.rafters , material for sheathing,siding, roof sheathing, felt,3 tab,material for trim, windows ,doors. All together if you don't pay for any labor I would guess you will have $2500-$3500 before permits,electrical ,insulation,plumbing. You may prove me wrong if you already have some material or can use some used material. All said and done for only a little more you could have a shop twice that size. I know a 12'x24 is better than no shop but you will be surprised how fast even a 24×24' shop will fill up. Good luck on your build. I would be more than glad to help with any question ,just shoot me a Pm.