bing statements are true? 1. The formula for computing the predetemnined overhead rate (POHR) is: POHR= Estimated II. Generallyt of the allocation base Estimated total manufacturing overhead cost total mally speaking. When going through the process of computing a POHR, the estimated allocation beturing overhead cost is determined before estimating the amount of the a) Only statement I is true. b) Only statement II is true. c) Both of the statements are true