Requirement 1. Prepare a job cost record for Job 423. Calculate the predetermined overhead alocation rate round ta ta decimal places then slocate manufacturing overhead to the job. Begin by lining for mere end dicebar inced on the jobMet A the Prowhead Alone and apply menuding whead to the job Les compute the total cost of lot: 423 and the cast paron Job Cost Hecord Jobs No. 123 Customer Name Sock Polo Job Description 5.000 DVD Date Promised 11.5 Date Started 11-2 Date Completed 11-3 Direct materials Direct laber Manufacturing overhead allocated Labor lime Red Number Amount Number Amount Date Rane Amont of direct 11-2 S 372 655 IS 160 Isbor cost 64 675 Overall Cost Summary 144 GLE 200 DMX Direct labor Manufacturing othead Alocated Total Job Cose Tulek Col HII II Requirement 2. Joumaltes In summary form the requisition of crec materials and the signment of direct labor and the allocation of manufacturing overhead to Job 423. We are not yet paid. (Record dcbits first, then credits. Lxclude explanations from any loumal cntries.) Start by juulizing the use of direct materials Date Accounts Debit Credit - X Now Data Table X More Info Labor Ilme Record No. 655 11/02 Description Amount 10 hours 516 per hours 160 20 hours 513 per hour 260 Next, oma lze the use of direct labor 11/03 655 Tu Technology alocate manufacturing oswhead to jobs based on the relation between estimated overhead of $495.000 and estimated direct labor costs of $450,000. Job 42 was completed and shipped on November 3 Date Accounts Debit Credit New Mataria Raasinlitar Ne, Date 11102 6 Print Done Am 31 lbs. polycarbonate plastic 512 per Ib. 25 ltos may isi 527 pelb 3 lbs. ondal.minum 548 per i 11/02 64 675 1193 74 144 Nowjouma tee the alocation of overhead to Job 423 Accounts Credit Dune Now.' Pnnt Done