Selected cost data for Antique Print, Co. are as follows: (Click the icon to view the cost data.) Read the requirements. Requirement 1. Compute the predetermined overhead allocation rate per direct labor dollar. Data table Estimated manufacturing overhead cost for the year Estimated direct labor cost for the year Actual direct labor cost for the year Actual manufacturing overhead cost for the year $ 101,000 80,800 100,000 77,000 Predetermined overhead allocation rate X % Requirements 1. Compute the predetermined overhead allocation rate per direct labor dollar 2. Prepare the journal entry to allocate overhead costs for the year. Print Done Estimated direct labor cost for the year 80,800 Actual manufacturing overhead cost for the year 100,000 Actual direct labor cost for the year 77,000 - X