Question 8, E8-25 (similar to} ' (if-.15 points > . Part 1 {If 14 Q Paints 0 of. Homework: 4-1 MyAccou ntingLab Homework: Chapters 6-8 The Protocols Corporation is a manufacturer ofcentrifuges. Fixed and variable manufacturing overheads are allocated to each centrifuge using budgeted assembly-hours. Budgeted assembly time is 2 hours per unit. The following table shows the budgeted amounts and actual results related to overhead for June 2017. a [Click the icon to view the table.) Read the iquirements. Requirement 1. Prepare an analysis of all variable manufacturing overhead and xed manufacturing overhead variances. Begin by calculating the following amounts for the variable overhead. Requirements Actual Input Actual Costs x Flexible Allocated 1. Prepare an analysis of all variable manufacturing overhead and xed Incurred Budgeted Rate Budget Overhead manufacturing overhead variances. 2. Prepare journal entries for Protocols' June 201?r variable and xed manufacturing overhead costs and variances; write off these variances to Cost of Goods Sold for the quarter ending June 30, 2017. 3. How does the planning and control of variable manufacturing overhead costs differ from the planning and control of xed manufacturing overhead costs? Variable OH Data table Actual Static The Protocols Corporation {June 2017} Results Budget Number ofcentrifuges assembled and sold 225 170 Hours of assembly time 360 Variable manufacturing overhead cost per hour of assembly time 55 30.00 Variable manufacturing overhead costs 11,216 Fixed manufacturing overhead costs 17,700 $ 16,320