The Gustafs Corporation is a manufacturer of centrifuges. Fixed and variable manufacturing overheads are allocated to each centrifuge using budgeted assembly-hours. Budgeted assembly time is 2 hours per unit. The following table shows the budgeted amounts and actual results related to overhead for June 2020 (Click the icon to view the table.) Read the requirements X Data table Requirements 1. Prepare an analysis of all variable manufacturing overhead and fixed manufacturing overhead variances. 2. Prepare journal entries for Gustafs June 2020 variable and fixed manufacturing overhead costs and variances; write off these variances to Cost of Goods Sold for the quarter ending June 30, 2020 3. How does the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufacturing overhead costs? Actual Static The Gustafs Corporation (June 2020) Results Budget Number of centrifuges assembled and sold 122 132 Hours of assembly sime 224 Variable manufacturing overhead cost per hour of assembly fine $ 33 $ 7,872 $ 15,720 $ 14520 Variable manufacturing overhead costs Fixed manufacturing overhead costs Print Done