Tu Technology Co manufactures DVDs for computer software and entertainment companies. Tu uses job order costing. On September Tu began production of DVDs Job for Diorama
Pictures for $ sales price per DVD Tu promised to deliver the DVDs to Diorama Pictures by September Tu incurred the following direct costs:
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Data table
Tu Technology allocates manufacturing overhead to jobs based on the relation
between estimated overhead of $ and estimated direct labor costs of
$ Job was completed and shipped on September
Requirements
Prepare a job cost record for Job 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 Wages are not yet paid.
Journalize completion of the job and the sale of the DVDs on account.
