Type 8Y Type 8W Budgeted Sales (units) Assembly hours Inspection hours Paint Gallons Tests 2.222 767 767 555 2,955 2,955 1477 2364 383 612 Required: 1) Using the traditional method i. Determine the company's predetermined overhead rate(s) applied ii. Determine how much overhead was applied to Type 8Y iii. Provide the MOH true up journal entry required for this method at the end of the year 2) Using the ABC method i. Determine the company's predetermined overhead rate(s) applied ii. Determine how much overhead was applied to Type 8Y iii. Provide the MOH true up journal entry required for this method at the end of the year Type 8Y Type 8W Budgeted Sales (units) Assembly hours Inspection hours Paint Gallons Tests 2.222 767 767 555 2,955 2,955 1477 2364 383 612 Required: 1) Using the traditional method i. Determine the company's predetermined overhead rate(s) applied ii. Determine how much overhead was applied to Type 8Y iii. Provide the MOH true up journal entry required for this method at the end of the year 2) Using the ABC method i. Determine the company's predetermined overhead rate(s) applied ii. Determine how much overhead was applied to Type 8Y iii. Provide the MOH true up journal entry required for this method at the end of the year