Runner Company estimates the company will incur $96.900 in overhead costs and 6,100 direct labor hours during the year Actual direct labor hours were 4.750 Calculate the predetermined overhead allocation rate Fill in the labels and complete the formula below Prepare the journal entry for the allocation of overhead First, select the formula to calculate the overhead costs allocated Fill in the labels and complete the formula below Prepare the journal entry for the allocation of overhead (Record debits first, then adopts Exude explanations from any journal entries.) Runner Company estimates the company will incur $96.900 in overhead costs and 6,100 direct labor hours during the year Actual direct labor hours were 4.750 Calculate the predetermined overhead allocation rate Fill in the labels and complete the formula below Prepare the journal entry for the allocation of overhead First, select the formula to calculate the overhead costs allocated Fill in the labels and complete the formula below Prepare the journal entry for the allocation of overhead (Record debits first, then adopts Exude explanations from any journal entries.)