Homework: Chapter #8 core: 0 of 1 pt roblem 8-30 (alt1) Gadget Dice manufactures premium food processors. The following are some manufacturing overhead data for Gadget Dice for the year ended December 31, 2018 6 0f6 (4 complete) (Click the icon to view the data) Required 1. Prepare journal entries for VMOH and FMOH (you will need to calculate the various variances to accomplish this) 2. Overhead varlances 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 equirement 1. Prepare journal entries for VMOH and FMOH(you wll ned to calculate the various varlances to accomplish this) egin by calculating the following amounts for the variable overhead that will be used to calculate the various variances Actual Costs Allocated Incurred Budgeted Rate Flexible Budget Overhead Actual Input x arable MOH gerial Emphasis, 8th Edition Save hapter #8 HW Score: 55 77%, 3 35 of 6 p EQuestlion Help sium food processors, The following are some manufacturing overhead data for Gadget Dice for the year ended December 31,2018 ata ) Data MOH and FMOH (you wil need ten off to the Cost of Goods S Actual Flexible Static Amount Results Budget Budget Allocated entries for VMOH and FMOH ( Output units 965 894 amounts for the variable over Machine-hours sts Actual Input r 1,828 1,931 1,788 2.00 1.50 Machine-hours per output unit Variable MOH costs Budgeted Rate Flexi 98,913 s 76,800 S 71,120 S 76,800 $ 39.78 Variable MOH costs per machine-hour Fixed MOH costs 350,235 S 348,096 s 375,897 Fixed MOH costs per machine-hour $ 194.68 Print Done ds and then click Check Ans Clear Al Check Answer Links 907 PM ENG /01 Homework: Chapter #8 core: 0 of 1 pt roblem 8-30 (alt1) Gadget Dice manufactures premium food processors. The following are some manufacturing overhead data for Gadget Dice for the year ended December 31, 2018 6 0f6 (4 complete) (Click the icon to view the data) Required 1. Prepare journal entries for VMOH and FMOH (you will need to calculate the various variances to accomplish this) 2. Overhead varlances 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 equirement 1. Prepare journal entries for VMOH and FMOH(you wll ned to calculate the various varlances to accomplish this) egin by calculating the following amounts for the variable overhead that will be used to calculate the various variances Actual Costs Allocated Incurred Budgeted Rate Flexible Budget Overhead Actual Input x arable MOH gerial Emphasis, 8th Edition Save hapter #8 HW Score: 55 77%, 3 35 of 6 p EQuestlion Help sium food processors, The following are some manufacturing overhead data for Gadget Dice for the year ended December 31,2018 ata ) Data MOH and FMOH (you wil need ten off to the Cost of Goods S Actual Flexible Static Amount Results Budget Budget Allocated entries for VMOH and FMOH ( Output units 965 894 amounts for the variable over Machine-hours sts Actual Input r 1,828 1,931 1,788 2.00 1.50 Machine-hours per output unit Variable MOH costs Budgeted Rate Flexi 98,913 s 76,800 S 71,120 S 76,800 $ 39.78 Variable MOH costs per machine-hour Fixed MOH costs 350,235 S 348,096 s 375,897 Fixed MOH costs per machine-hour $ 194.68 Print Done ds and then click Check Ans Clear Al Check Answer Links 907 PM ENG /01