Selected cost data for Beesly Designs are as follows: (Round your answers to two decimal places when needed and use rounded answers for all future calculations). 1. Compute the predetermined overhead allocation rate per direct labor dollar. 2. Prepare the journal entry to allocate overhead costs for the year. 3. Use the T-account to determine if the amount is underallocated or overallocated manufacturing overhead 2. Prepare the journal entry to allocate overhead costs for the year. 3. Use if the amount is underallocated or overallocated manufactu overhe Manufacturing Overhead 4. Prepare the journal entry to adjust for the underallocated or overallocated manufacturing overhead