RileyRiley Company estimates the company will incur $ 82 comma 800$82,800 in overhead costs and 4 comma 6004,600 direct labor hours during the year. Actual direct labor hours were 4 comma 3004,300. Calculate the predetermined overhead allocation rate using direct labor hours as the allocation base and prepare the journal entry for the allocation of overhead.\ Question content area bottom\ Part 1\ Calculate the predetermined overhead allocation rate.\ Fill in the labels and complete the formula below.