Lab Topic Chapter 3 Ki Technology Co. manufactures DVDs for computer software and entertainment companies. Ki uses job order costing On April 2, Ki began production of 6,000 DVDs, Job 423, for Paradigm Pictures for $1.20 sales price per DVD. Ki promised to deliver the DVDs to Paradigm Pictures by April 5. Ki incurred + the following direct costs: Date Labor Time Record No. Description 4/02 655 10 hours @ $16 per hour $ 160 4/03 656 20 hours @ $15 per hour 300 Amount Date Materials Requisition No. 63 Amount 4/02 S 341 Description 31 lbs. polycarbonate plastic @ $11 per lb. 25 lbs. acrylic plastic @ $29 per lb. 3 lbs. refined aluminum @ $45 per lb. 4/02 64 725 4/03 74 135 Ki Technology allocates manufacturing overhead to jobs based on the relation between estimated overhead of $574,000 and estimated direct labor costs of $410,000. Job 423 was completed and shipped on April 3. Requirements 1. Calculate the predetermined overhead allocation rate (round to two decimal places), then allocate manufacturing overhead to the job. 2. Calculate the total cost of Job 423 and the cost per DVD