L LLLLLLL WIRUSO 1045544 questionld1oxflushed trueadd5941005 Bicenten S2020 ACET 205 Principles of Accounting ll Online (2) CRNO 1839 Homework: Chapter 17 Homework (Copy) Score: 0.53 of 1 pl * 17-19 (similar to) 1 of 4 (1 complete) Selected cost data for Classic Poster, Co. are as follows: Click the loon to view the cost data) Read the requirements Requirement 1. Compute the predetermined overhead allocation rate per direct labor dolar Predetermined overhead Estimated overhead cont Estimated direct labor cost allocation rate 135,000 15 90.000 * Data Table $ 135.000 Requirement 2. Prepare the journal entry to allocate overhead cost for the year. (Record debits first, then credits Date Accounts Debit Credit Dec 31 Work-in-Process Inventory Manufacturing Overhead 109.500 Estimated manufacturing overhead cost for the year Estimated direct labor cost for the year Actual manufacturing overhead cost for the year Actual direct labor cost for the year 115.000 Print Done Requirement 3. Use a T-account to determine the amount of underallocated or overallocated manufacturing overhead Start by posting the actual and allocated manufacturing overhead to the account (Use the first available col to posteach amount Do not input the balance in the Taccount) Manufacturing Overhead Enter any number in the edit fields and then click Check Answer 2 remaining Clear All Type here to search O # e Do 090