True Technology Co$.$ manufactures DVDs for computer software and entertainment companies. True uses job order costing. On September $2,$ True began production of $5$ comma $400$DVDs$,$ Job$423,$ for Stick People Pictures for $ $1\mathrm{.}80$ sales price per DVD$.$ True promised to deliver the DVDs to Stick People Pictures by September $5.$ True incurred the following direct$$ costs:

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Part $1$

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.

Begin by determining the total amount of direct materials and direct labor incurred on the job.$$ Next, calculate the predetermined overhead allocation rate and apply manufacturing overhead to the job.$$ Lastly, compute the total cost of Job $423$ and the cost per DVD$.$