Selected cost data for

Vintage Poster comma Co.Vintage Poster, Co. are as follows:

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.

Estimated manufacturing overhead cost for the year Estimated direct labor cost for the year Actual manufacturing overhead cost for the year Actual direct labor cost for the vear $ 110,000 88,000 114,000 72,000