Question #2 The following are some manufacturing overhead data for BRT for the year ended December 31, 2022: Budgeted number of output units: 2,000 Planned allocation rate: 4 machine-hours per unit Actual number of machine-hours used: 7,980 Static-budget variable manufacturing overhead costs: $480,000 1. Prepare journal entries for variable and fixed manufacturing overhead. 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