Classic Technology Co. manufactures DVDs for computer software and entertainment companies. Classic uses job order costing. On September 2, Classic began production of 5,300 DVDs, Job 423, for Stick People Pictures for $1.10 sales price per DVD. Classic promised to deliver the DVDs to Stick People Pictures by September 5. Classic incurred the following direct costs: (Click the icon to view the costs.) (Click the icon to view additional Information.) Read the requirements, 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 Date Promised 9-5 Stick People 5,300 DVDs Date Started 9-2 Date Completed 9-3 Manufacturing overhead allocated Direct materials Direct labor Labor Time Record Requisition Number Date Amount Number Amount Date Rate Amount of direct Choose from any list or enter any number in the input fields and then continue to the next question. ? Classic Technology Co. manufactures DVDs for computer software and entertainment companies. Classic uses job order costing. On September 2, Classic began production of 5,300 DVDs, Job 423, for Stick People Pictures for $1.10 sales price per DVD. Classic promised to deliver the DVDs to Stick People Pictures by September 5. Classic incurred the following direct costs: E: (Click the icon to view the costs.) .) (Click the icon to view additional information.) Read the requirements. Date Promised 9-5 Date Started 9-2 Date Completed 9-3 Direct materials Direct labor Manufacturing overhead allocated Labor Time Record Requisition Number Date Amount Number Amount Date Rate Amount 9-2 63 $ 372 655 $ 9-2 64 675 9-3 74 126 656 of direct 140 labor cost Overall Cost Summary 260 Direct materials Direct labor Manufacturing overhead Allocated Total Job Cost Totals Cost ner DVD Choose from any list or enter any number in the input fields and then continue to the next question. ? Clas Pictu Data Table Classic uses job order costing. On September 2, Classic began production of 5,300 DVDs, Job 423, for Stick People stures by September 5. Classic incurred the following direct costs: on.) Read Date Date Labor Time Record No. 655 Description Amount 10 hours @ $14 per hour S 140 20 hours @ $13 per hour 260 A 9/02 9/03 More Info ng overhea 656 Materials Classic Technology allocates manufacturing overhead to jobs based on the relation between estimated overhead of $600,000 and estimated direct labor costs of $480,000. Job 423 was completed and shipped on September 3. Requisition No. Rate Date Amount of 9/02 63 $ 372 Description 31 lbs. polycarbonate plastic @ $12 per lb. 25 lbs. acrylic plastic @ $27 per lb. 3 lbs. refined aluminum @ S42 per lb. 3 . bor cost 9/02 64 675 Print Done Il Cost Sun 9/03 74 126 Print Done ead Allocated Total Job Cost Cost ner DVD Totals hoose from any list or enter any number in the input fields and then continue to the next