Question: HELP! Requirement 1 . Prepare a job cost record for Job 4 2 3 . Calculate the predetermined overhead allocation rate ( round to two

HELP! Requirement 1. Prepare a job cost record for Job 423. Calculate the predetermined overhead allocation rate (round to two decimal places); then allocate manufacturing overhead to the job.
and the cost per DVD.
Job Cost Record
Job No.423
Customer Name Integration
More info
Job Description 5,000 DVDs
Tu Technology allocates manufacturing overhead to jobs based on the relation
between estimated overhead of $667,000 and estimated direct labor costs of
$460,000. Job 423 was completed and shipped on June 3.
Requirement 2. Journalize in summary form the requisition of direct materials and the assignment of direct labor and the allocation of manufac
explanations from any journal entries.)
Start by journalizing the use of direct materials. Next, journalize the use of direct labor.
Now journalize the allocation of overhead to Job 423.
Requirement 3. Journalize completion of the job and the sale of the 5,000 DVDs on account. (Record debits first,
Begin by preparing the entry to show the completion of the job.
Next, journalize the revenue portion of the sale of Job 423.
Finally, journalize the cost of goods portion of the sale.
 HELP! Requirement 1. Prepare a job cost record for Job 423.

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