Selected cost data for Classic Print Co are as follows
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Read the requirements.
Requirement Compute the predetermined overhead allocation rate per direct labor dollar
tableEstimated overhead cost,Predetermined overheadEstimated direct labor cost,allocation rate,,
Requirement Prepare the journal entry to allocate overhead costs for the year. Record debits first, then credits. Select the explanation on the last line of the journal entry table
Data table
tableEstimated 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 year,