Please Answer Question 2, thank you!

In a job order costing system, a company calculates a Predetermined Overhead Allocation Rate at the beginning of the year to allocate the manufacturing overhead job-by-job.

1. By the end of March, the company had incurred $100,000 of actual overhead costs and allocated overhead of $92,000.
   1. Did the company over or under-allocate? (2pts)
   2. Before any adjustment, would the Manufacturing Overhead account have a debit or credit balance? (2pts)
   3. What would be the proper adjusting journal entry at the end of March? (include accounts and amounts) (3pts)
2. By the end of June, the company had a similar discrepancy between actual and allocated overhead. Should they adjust/recalculate the Predetermined Overhead Allocation Rate before the next year-end? (4pts)