Frugal Time manufactures tres for all-terrain vehicles. Frugal uses job costing and has a perpetual inventory system. On September 22, Frugal received an order for 140 TX tres from ATV Corporation at a price of $20 each. The job assigned number 298, was promised for October 10 After purchasing the materials, Frugal began production on September 30 and incumed the following direct labor and direct materials costs in completing the order (Click the joon to view the costs Fruge allocates manufacturing overhead to jobs on the basis of the relation between expected overhead costs ($529,000) and expected direct labor hours (23,000), Job 298 was completed on October 3 and shipped to ATV on October Requirement 1. Prepare a job cost record for Job 296 Calculate the predetermined overhead rate, then apply manufacturing overhead to the job. Begin by identifying the formula and computing th Predetermined overhead rate per hour Complete the job cost record in order of direct materials, direct labor, and allocated manufacturing overhead. Then prepare the overal cost summary (at the dates in chronological order. Enter the labor time records in the correct now according to date If an input field is not used in the table, leave the input feld empty; do not enter a 2a) Job Cost Record Job No. 290 Customer Name Job Description ATV Co 140 TX