Selected cost data for European Print, Co are as follows Data table Requirement 1. Compute the predetermined overhead allocation rate por deed labor dolar Predelemned overhead adocation rate Estimated manufacturing overhead cost for the year Estimated direct labor cost for the year 120.000 100,000 Accounts Requirement 2. Prepare the journal entry to alocate overhead cost for the year (Record dobits fist then oude F Date Actual manufacturing overhead cost for the year Actual direct tabor cost for the year 115.000 67 000 Debit Credit Dec 31 Print Done Requirement 3. Use a T-account to determine the amount of underallocated or overatocated manufacturing overhead Start by posting the actual and allocated manufacturing overhead to the T-account (Use the first availabio call to post each amount. Do not put the balance in the account) Manufacturing Overhead Manufacturing overhead by Requirement 4 Prepare the journal entry to adjust for the underallocated or overallocated manufacturing overhead (Record debis first, then tredts Exclude explanations from pumnal entries - X Requirement 4. Prepare the journal entry to adjust for the underatocated or overallocated manufacturing overhead Record dobits fast, then crades Exclude expisnations from journal entries) Date Accounts Debit Credit Dec 31 Calculator allocated the T-acc Data table Requirements 1. Compute the predetermined overhead allocation rate per direct labor dollar 2. Prepare the journal entry to allocate overhead cost for the year. 3. Use a T-account to determine the amount of underallocated or overallocated maunfacturing overhead. 4. Prepare the journal entry to adjust for the underallocated or overallocated manufacturing overhead. Print Done year $ 120,000 - X 100,000 115,000 67,000 allocated or overallocated manufacturing overhead. (Record debits first, then credits Exclude explanations from journal entries.) Debit Credit