Dogy Contures DVDs for computer software and entertainment companies Yu uses job order costing On June 2, Yu began production of 5,200 DVDs, Job 423, Integration Pictures for $1.00 sales price per DVD Yu promised to deliver the DVDs to Integration Pictures by June 5. Yu incurred the following direct costs (Click the icon to view the costs) (Click the icon to view additional information) Read the te Requirement 1. Prepare a job cost record for Job 423 Calculate the predetermined overhead allocation rate round to two decimal places) then allocate mandachuring overhead to the job Begin by determining the total amount of direct materials and direct labor incured on the job. Next, calculate the predetermined overhead allocation rate and apply manufacturing everhead to the job. Lastly compute the cost of Job 423 and the cost per DVD Job Cost Record Job No. 423 Customer Nam Job Description Date Prod 5.200 DVD Dee Started 6-2 Data Completed 5-3 Taber Time Drect material Ded by journalizing the use of direct materials. Date Jun. 3 Work-in-Process Inventory Raw Materials inventory Next, journalize the use of direct labor. Date Jun. 3 Accounts Debit Credit Accounts Debit Credit Now journalize the allocation of overhead to Job 423. Date Jun. 3. Accounts Debit Credit Requirement 3. Journalize completion of the job and the sale of the 5,200 DVDs on account. (Record debits first, then credits Begin by preparing the entry to show the completion of the job. Date Jun. 3 Accounts Debit Credit Next, journalize the revenue portion of the sale of Job 423. Date Jun. 3 Accounts Finally, journalize the cost of goods portion of the sale. Date Jun. 3 Accounts Debit Credit Debit Credit Date Labor Time Record No. Description Amount 6/02 655 10 hours @ $16 per hour $ 160 6/03 656 20 hours @ $14 per hour 280 Materials Requisition Date No. Description Amount 6/02 63 31 lbs. polycarbonate plastic @ $13 per lb. $ 403 6/02 64 25 lbs. acrylic plastic @ $27 per lb. 675 6/03 74 3 lbs. refined aluminum @ $42 per lb. 126 Yu Technology allocates manufacturing overhead to jobs based on the relation between estimated overhead of $637,000 and estimated direct labor costs of $490,000. Job 423 was completed and shipped on June 3