Tu Technology Co$.$ manufactures DVDs for computer software and entertainment companies. Tu uses job order costing. On September $2,$ Tu began production of $5,900$ DVDs$,$ Job $423,$ for Diorama

Pictures for $$1\mathrm{.}40$ sales price per DVD$.$ Tu promised to deliver the DVDs to Diorama Pictures by September $5.$ Tu incurred the following direct costs:

$($Click the icon to view the costs.$)$

$($i$)($Click the icon to view additional information.$)$

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Data table

Tu Technology allocates manufacturing overhead to jobs based on the relation

between estimated overhead of $$564,000$ and estimated direct labor costs of

$$470,000.$ Job $423$ was completed and shipped on September $3.$

Requirements

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.

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.

Journalize completion of the job and the sale of the $5,900$ DVDs on account.