This Question: 20 pts 10 of 27 (0 completej This Test: 100 pts Henrietta Woodworking uses normal costing and allocates manufacturing overhead to jobs based on a budgeted labor-hour rate and actual direct abor-hours. Under- or overallocated overhead, if immaterial, is written off to Cost of Goods Sold. During 2017, Henrietta recorded the folowing Click the icon to view the data.) Read the resuirements Requirement 1.Compute the budgeted manufacturing overhead rate. Erter the formula, then enter the amounts to caloulate the budgeted manufacturing overhead rate Budgeted manufactuning overhend rade joumal entry to record the allocation of (Record debits frst, then creditsExlu Requirement 2. Prepare the explanations from any jounal entries) Journal Entry Debit costs, or should Henrieta Woodworking wrike it off to oost of goods sold? Prepare the joumal entry to diapose of the under or veralocated then continue to next question Choose from number in