Assume that Jalin allocates indirect costs using machine hours. (i) Calculate the budgeted indirect cost rate for the year 2015. (ii) Calculate the total allocated indirect costs for the year 2015. (iii) For the year 2015, are the indirect costs under- or overallocated? Calculate the amount of under- or overallocated indirect costs under normal costing for the year 2015. (iv) Prepare the journal entry that Jalin would use to dispose of the under- or overallocated indirect costs for 2015. (b) Assume instead that Jalin allocates indirect costs using direct labor hours. (i) Calculate the budgeted indirect cost rate for the year 2015. (ii) Calculate the total allocated indirect costs for the year 2015. (iii) For the year 2015, are the indirect costs under- or overallocated? Calculate the amount of under- or overallocated indirect costs under normal costing for the year 2015. (iv) Prepare the journal entry that Jalin would use to dispose of the under- or overallocated indirect costs for 2015