The following information pertains to Turner Company for the year. (Click the icon to view the information.) 13. Calculate the predetermined overhead allocation rate using direct labor hours as the allocation base Determine the amount of overhead allocated during the year. Record the journal entry 14 15. Determine the amount of underallocated or overallocated overhead Record the journal entry to adjust Manufacturing Overhead. 13. Calculate the predetermined overhead allocation rate using direct labor hours as the allocation base Predetermined overhead allocation rate per direct labor hour 14. Determine the amount of overhead allocated during the year. Record the journal entry # Overhead allocated Record the journal entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit 14 ata table Estimated manufacturing overhead Estimated direct labor hours $480,000 12,000 hours Actual manufacturing overhead Actual direct labor hours $530,000 12,300 hours Calculate the predetermined overhead allocation rate using direct labor 4. Determine the amount of overhead allocated during the year. Record the journal entry Determine the amount of underallocated or overallocated overhead. Record the journal entry to adjust Manufacturing Overhea 5. WEL J 15. Determine the amount of underallocated or overallocated overhead Record the journal entry to adjust Manufacturing Overhead Start by posting the actual and allocated manufacturing overhead to the T-account. (Use the first available input field to post each amou Manufacturing Overhead Manufacturing Overhead is by Now record the journal entry to adjust Manufacturing Overhead (Record debits first, then credits Select the explanation on the last line Date Accounts and Explanation Debit Credit 15