In chapter 2, we learned about Job Order Costing. Using the sample in Chapter 2 as your guide, create a company and a product and then a unique JOB COST RECORD.

1. Create a brief explanation of your company and product.

2. Create a JOB COST RECORD for one job in your company including Direct Materials, Direct Labor and Manufacturing Overhead and correct total costs.

I did what I could do, I stucked on the rate and amount and the rest because I'm not sure how I can get the rate. please show work for the rate. Thank you.

Date Date promised 09-02-21 Direct Materials Requisition Numbers Amount 2000 $800 Date started 08-01-2021 Direct Labor Labor time record Number Amount $900 Date completed 09-01-2021 Manufacturing overhead Allocation Date Rate Amount $700 Totals $800 $700