Comment pr. where weg - 1. 1,200 IT 3 00 1 Be Required: 1. Compute the plantwide predetermined overhead rate. per direct labor hour Calculate the overhead assigned to each product. Product 1 Product 2 2. Calculate the predetermined departmental overhead rates. If required, round your answers to the nearest cent. Department per direct labor hour Department 2 per machine hour Calculate the overhead assigned to each product. Product 1 Product 2 3. Using departmental rates, compute the applied overhead for the year. 1 What is the under- or overapplied overhead for the firm? 4. Prepare the journal entry that disposes of the overhead variance calculated in Requirement 3, assuming it is not material in amount. CwGNOW One thing and resetom Cargo Lang Fredere www.metades where the De Da Ort Der . . Department Beat 114 1). 10. 1. Prel PE so 16.00 3,000 3, ed: Comment pr. where weg - 1. 1,200 IT 3 00 1 Be Required: 1. Compute the plantwide predetermined overhead rate. per direct labor hour Calculate the overhead assigned to each product. Product 1 Product 2 2. Calculate the predetermined departmental overhead rates. If required, round your answers to the nearest cent. Department per direct labor hour Department 2 per machine hour Calculate the overhead assigned to each product. Product 1 Product 2 3. Using departmental rates, compute the applied overhead for the year. 1 What is the under- or overapplied overhead for the firm? 4. Prepare the journal entry that disposes of the overhead variance calculated in Requirement 3, assuming it is not material in amount. CwGNOW One thing and resetom Cargo Lang Fredere www.metades where the De Da Ort Der . . Department Beat 114 1). 10. 1. Prel PE so 16.00 3,000 3, ed