Jackson Company reported the following manufacturing overhead variances. (Click the icon to view the overhead variances.) 24. Record the journal entry to adjust Manufacturing Overhead. 25. Was Manufacturing Overhead overallocated or underallocated? 24. Record the journal entry to adjust Manufacturing Overhead. (Prepare a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Debit Credit Accounts and Explanation Variable Overhead Efficiency Variance Fixed Overhead Cost Variance Variable Overhead Cost Variance Fixed Overhead Volume Variance Manufacturing Overhead To adjust Manufacturing Overhead. Data Table 25. Was Manufacturing Overhead overallocated or underallocated? Manufacturing Overhead was adjusted with a V, which indicates overhead was $450 F Variable overhead cost varlance Variable overhead efficiency variance Fixed overhead cost variance Fixed overhead volume variance $500 U S696 U S629 F Print Done Choose from any list or enter any number in the input fields and then continue to the next