Data table Date Labor Time Record No. Description Amount 11/02 655 10 hours $16 per hour S 160 11/03 656 20 hours $15 per hour 300 Materials Requisition Date No. Description Amount 11/02 63 31 lbs polycarbonate plastic @$11 per lb $ 341 11/02 64 25 lbs. acrylic plastic @ $29 per lb. 725 11/03 74 3 lbs. refined aluminum @$42 per lb 126 Print Done Job Description 5.500 DVDs Date Demicad 11.5 More info Lu Technology allocates manufacturing overhead to jobs based on the relation between estimated overhead of $504,000 and estimated direct labor costs of $420,000 Job 423 was completed and shipped on November 3 Print Done Requirements 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 2. Journalize in summary form the requisition of direct materials and the assignment of direct labor and the allocation of manufacturing overhead to Job 423 Wages are not yet paid 3. Journalize completion of the job and the sale of the 5,500 DVDs on account Print Done