Data table Selected cost data for Classic Print, Co. are as follows: (Click the icon to view the cost data.) Read the requirements. ... Requirement 1. Compute the predetermined overhead allocation rate per direct labor dollar. Estimated 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 Print Done $ 115,000 71,875 117,000 70,000 - Requirements = Predetermined overhead allocation rate % 1. Compute the predetermined overhead allocation rate per direct labor dollar. 2. Prepare the journal entry to allocate overhead costs for the year. Print Done