The following are some manufacturing overhead data for the company for the year ended December 31, 2022:

Manufacturing Overhead	Actual Results	Flexible Budget	Allocated Amount
Variable	$536,300	$500,000	$575,000
Fixed	$610,000	$610,000	$612,000

Budgeted number of output units: 3,000

Planned allocation rate: 5 machine-hours per unit

Actual number of machine-hours used: 14,500

Static-budget variable manufacturing overhead costs: $600,000

1. Prepare journal entries for variable and fixed manufacturing overhead.

2. Overhead variances 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.