Four OH variances; journal entries budgeted machine hours for the year. Both machine hours and fixed overhead costs are expected to be incurred evenly each month.

a$.$ Using the four$-$variance approach, determine the overhead variances for March.

Note: Do not use negative signs with your answers.

b$.$ Prepare all journal entries related to overhead for Kemp Manufacturing for March.

Note: Record any multiple debits or any multiple credits in alphabetical order by account name.

$\backslash$table$[[$Account$,,$Debit,Credit$],[,$:$\text{'},0,0],[,,0,0],[,,0,0,0],[$To record actual overhead cost for March$],[,,0,0],[,,0,0],[,$:$\text{'},0,0],[$To apply overhead to work in process for March$],[,,0,0],[,=>,0,0],[,=,0,0]]$

$\backslash$table$[[$VoH Spending Variance$],[,$IVOH,,dgeted VOH,$=,,$riance,$],[$$$,78,975-,$$$,79,650,=,$$$,675,$F$],[$VoH Eficiensy Variance$],[$Budgeted VOH,Applied VOH,$=$ VOH Efficiency Variance,$],[$$$,79,650,,80,730,=,$$$,1,080,$F$],[$FOH Spending Variance$],[$Actual FOH,Budgeted FOH,$=$ FOH Spending Variance,$],[$$$,34,200,$$$,35,100,=,,900,$F$],[$FOH Volume Variance$],[$Budgeted FOH,Applied FOH,$=$ FOH Volume Variance$],[$$$,35,100,,31,320,=,$$$,3,780C,]]$

b$.$ Prepare all journal entries related to overhead for Kemp Manufacturing for March. Note: Record any multipl$$ debits or any multiple credits in alphabetical order by account name.