Ye Technology Co. manufactures DVDs for computer software and entertainment companies. Ye uses job order costing. On November 2, Ye began production of 5,500 DVDs, Job 423, for Prototype Pictures for $1.30 sales price per DVD. Ye promised to deliver the DVDs to Prototype Pictures by November 5. Ye incurred the following direct costs: (Click the icon to view the costs.) Read the requirements. (Click the icon to view additional information.) 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. Job Cost Record Job No. 423 Customer Name Job Description Prototype 5,500 DVDs Date Promised 11-5 Date Started 11-2 Date Completed 11-3 Direct materials Direct labor Manufacturing overhead allocated Labor Time Requisition Date Number Amount Record Number Amount Date 11-3 Rate Amount of direct 11-2 63 $ 341 655 $ 140 labor cost 11-2 64 700 Overall Cost Summary 11-3 74 144 656 260 Direct materials Totals Direct labor Manufacturing overhead Allocated Total Job Cost Cost per DVD