Question: please answer all requirements for a good rating Data table 1. Prepare journal entries for variable and fixed manufacturing overhead (you will need to calculate


Data table 1. Prepare journal entries for variable and fixed manufacturing overhead (you will need to calculate the various variances to accomplish this). 2. Overhead variances are written off to the Cost of Goods Sold (COGS) account at the end of the fiscal year. Show how COGS is adjusted through journal entries. Culinary Whiz manufactures premium food processors. The following are some manufacturing overhead data for Culinary Whiz for the year ended December 31 2017 (Click the icon to view the data) Read the Requirement 1. Prepare journal entries for variable and fixed manufacturing overhead (you wil need to calcutase the various variances to accomplish this) Begin by calculating the following amounts for the variable overheas that wal be used to calculate the vanous variances
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