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The Tolorances Corporation is a manufacturer of centrituges. Fixed and variable manufacturing overheads are allocated to each centrifuge uting budgeted assembly hourt. Budgeted assembly bim

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The Tolorances Corporation is a manufacturer of centrituges. Fixed and variable manufacturing overheads are allocated to each centrifuge uting budgeted assembly hourt. Budgeted assembly bim is 2 hours per unit. The following table shows the budgeled amounts and actual results rolatnd to overhead for June 2020. (Cick the icon to vew the table.) Read the reovirements Requirement 1. Prepare an analysis of al variable marufacturing overtead and fixed manufacturing overhead variances. Begin by calculating the following amounts for the variable everteod (OH) Requirements 1. Prepare an analysis of all variable manufacturing overhead and fixed manufacturing overhead variances. 2. Prepare journal entries for Tolerances' 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 overihead costs differ from the planning and control of fixed manufacturing overhead costs

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