American Hardwood Products uses standard costs in a process cost system. At the end of the current month, the following information is prepared by the company's cost accountant 95,988 82, 484124, 732 89,988 83,984 Standard costs Materials price variance (favorable) Materials quantity variance (unfavorable) , 400 Labor rate variance (favorable) Labor efficiency variance (unfavorable) 116, 992 2, 400 3,000 1,500 variance (unfavorable) 3, 240 4, 500 Overhead volume variance (unfavorable) The total standard cost per unit of finished product is $30. During the current month, 9,000 units were completed and transferred to the finished goods inventory and 8,800 units were sold. The inventory of work in process at the end of the month consists of 1000 units that are 65 percent complete. There was no inventory in process at the beginning of the month. a. Prepare journal entries to record all variances and the costs incurred (at standard) in the Work in Process account as separate d entries for (1) direct materials, (2) direct labor, and (3) manufacturing overhead. b. Prepare journal entries to record (1) the transfer of units finished to the Finished Goods Inventory account and (2) the Cost of Goods Sold (at rd) for the month that the company operated at 90 percent of its normal capacity during the current month, what is the amount of the budgeted fixed manufacturing overhead per month