Kitchen Whiz manufactures premium food processors. The following are some manufacturing overhead (MOH) data for Kitchen Whiz for the year ended December 31,2020 : Data table Requirement 1. Prepare journal entries for variable and fixed manufacturing overhead (you will need to calculate the various variances to accomplish this). Begin by calculating the following amounts for the variable overhead that will be used to calculate the various variances. \begin{tabular}{ccc} Actual Costs Actual Input x & \multicolumn{1}{c}{ Allocated Incurred } & Budgeted Rate Flexible Budget Overhead \\ \hline Variable MOH & & \end{tabular} Now complete the table below for the foxed manufacturing overhead that will be used to calculate the various variances. Now complete the 4-variance analysis using the amounts you calculated above. (If no vanance exists leave the dollar value blank. Label the variance as favorable (F), unfavorable (U) or never a variance (N).) Prepare journal entries for variable and fixed manufacturing overhead. (Record debits first, then credits. Exclude explanations from any journal entries.) Record the actual variable manufacturing overhead incurred. Record the variable manufacturino overhead allocated. Record the fixed overhead costs allocated. Requirement 2. Overhead variances are written off to the Cost of Goods Sold (COGS) account at the end of the fisca COGS is adjusted through journal entries. (Record debits first. then credits. Exclude explanations from any journal ent