Fukui Glass Works manufactures a line of products distributed nationally through wholesalers. Presented below are planned manufacturing data for the year and actual data for November of the current year. The company applies overhead based on planned machine hours using a predetermined annual rate. Planning Data Actual Data Annual November November Fixed overhead $1,200,000 $100,000 Direct labor hours 4.200 Variable overhead $2,400,000 $220,000 Machine hours. 21,600 Direct labor hours 48,000 4,000 Fixed overhead Machine hours Instructions: 240,000 22,000 Variable overhead $101.200 $214.000 1. Calculate the Fixed MOH Spending. Production-Volume Variance, and the over(under)allocated Fixed MOH. [8 points] 2. Prepare the journal entry(ies) to enter the variances into the accounting system. [4 points] 3. Assume that the variances are immaterial and prepare the journal entry to write them off to COGS. [3