I need help with part b & c please! The River Plant of Carlisle, Incorporated produces a particular metal fixture used in aerospace and maritime industries. The followingInformation is available for the last operating month:The plant produced and sold 28,888 fixtures for $72 each. Budgeted production was 30,000 fixtures.Standard variable costs per fixture follow:Direct materials: 4 pounds at $4Direct labor: 0.1 hours at $40Variable production overhead: 0.4 machine-hours at $20 per hourTotal variable costs.Fixed production overhead costs:Monthly budget $815,600Fixed overhead is applied at the rate of $30 per fixture.Actual production costs:$ 16.004.008.00$28.00 Direct materials purchased and used: 106,400 pounds at $4.34Direct labor: 2,870 hours at $44.00Variable overhead: 12,000 machine-hours at $19.54 per hourFixed overheadRequired:a. Prepare a cost variance analysis for each variable cost for the River Plant.b. Prepare a fixed overhead cost variance analysis.$461,776126,280234,480859,000c. (Appendix) Prepare the journal entries to record the activity for the last period using standard costing. Assume that all variances areclosed to Cost of Goods Sold at the end of the operating period.

Name: I need help with part b & c please! The River Plant of Carlisle, Incor
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: I need help with part b & c please! The River Plant of Carlisle, Incorporated produces a particular metal fixture used in aerospace and maritime industries. The followingInformation is available for the last operating month:The plant produced and sol