A.G.C. Inci provided you with the following information about its encts. in 20234 The company allocated overthead on the basis of direct labour hours. The company allocated overhead on the basis of direct labour hours. Required 1 Calculate the predetermined overhead tate. 2. Calculate the cost of goods manufactured. 3 Calculate the imount of cost of goods sold. 4 What balance okists at the end of the year in the mangfacturing overhead account (before the over/underapplied overhead is reallocated)? State whether the ending balance is over or underapplied. 5 Record the joumal entry required to allocate the over/underapplied overhead to the cost of goods sold