Various Violins, Inc. is a new manufacturer of string instruments. During the month of January 20XX, Various Violins, Inc. had three jobs in production: Job #1 (the production of 10 violins for Valley View High School,) Job #2 (the production of 20 violins for Crestwood Community College,) and Job #3 (the production of 30 violins for Oriskany Hills High School). Using the information below, please prepare the job cost record for each of Various Violins' jobs during the month. Job #1 On January 2nd, Job #1's direct laborers requisitioned $300 worth of direct materials (Requisition #1) On January 3rd, employees worked on Job #1 and were paid $240 in wages for their work (labor time #1). On January 10th, Job #1's direct laborers requisitioned $300 worth of direct materials (requisition #4). On January 14th, employees worked on Job #1 and were paid $360 in wages for their work (labor time #4) "As the company does with all jobs, Various Violins, Inc. allocates manufacturing overhead to jobs at a rate of 60% of direct labor costs. Use January 31st as the allocation date. Job Number B Customer 4 Job Description 5 Job Cost Record 6 7 Date Direct Materials Requisition # Direct Labor Manufacturing Overhead Amount Date Labor Time # Amount Date Rate Amount 8 9 21 22 23 24 Cost Summary 25 26 27 28 29 Total Cost 30 Unit Cost Direct Materials Direct Labor Manufacturing Overhead + 31 32 Job #2 33 On January 3rd, Job #2's direct laborers requisitioned $550 worth of direct materials (Requisition #2) 34 On January 4th, employees worked on Job #2 and were paid $420 in wages for their work (labor time #2). 35 On January 20th, Job #2's direct laborers requisitioned $650 worth of direct materials (requisition #5). 36 On January 24th, employees worked on Job #2 and were paid $580 in wages for their work (labor time #5) "As the company does with all jobs, Various Violins, Inc. allocates manufacturing overhead to jobs at a rate of 60% of direct 37 labor costs. Use January 31st as the allocation date