Maple Leaf Production manufactures truck tires. The following information is available for the last operating period.

Maple Leaf produced and sold $95,000$ tires for $$38$ each. Budgeted production was $99,000$ tires.

Standard variable costs per tire follow.

Fixed production overhead costs:

Monthly budget $$1,490,000$

Fixed overhead is applied at the rate of $$16\mathrm{.}00$ per tire.

Actual production costs:Direct labor: $30,500$ hours at $$16\mathrm{.}30497,150$

Variable overhead: $15,000$ machine$-$hours at $$15\mathrm{.}80$ per hour $237,000$

Fixed overhead $1,491,000$Required:

a$.$ Prepare a cost variance analysis for each variable cost for Maple Leaf Productions.

b$.$ Prepare a fixed overhead cost variance analysis.

c$.($Appendix$)$ Prepare the journal entries to record the activity for the last period using standard costing. Assume that all variances are

closed to cost of goods sold at the end of the operating period.