HW SC Homework. Chapter 1:2 Homework Score: 0.5 of 1 pt 2016 (t complete EM2-21 (similar to) Selected cost data for Classic Poster, Co are as follows: Click the icon to view the cost data) Read me cuirements Requirement 1. Compute the predetermined overhead allocation rate per direct labor dolar Prodermined overnad Estimated overtread cout Estimated direct labor com ocation 120,000 100.000 Requirement 2. Prepare the journal entry to locate overhead costs for the year. (Record to fint. then credit Belect the explanation on the line of the journey Date Accounts and Explanation Debit De 1 Work in Process inventory Manufacturing Overhead 120 Credit Allocated overhead to WIP Clear All Choose from any list or enter any number in the input fields and then click Check Answer All parts showing as follows: 1 overhead allocation rate per direct labor dollar Predetermined overhead Estimated direct labor cost 100,000 6 Data Table o allocate overhead costs for the yo counts and explanation Estimated manufacturing overhead cost for the year Estimated direct labor cost for the yoar Actual manufacturing overhead cost for the year Actual direct labor cost for the year al entry table) $ 120,000 100,000 118,000 69,000 Print Done Chock A ber in the input fields and then click Check Answer Clear All