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The following information is available for Novak's Chocolates: Actual production 2.900 boxes Budgeted production 3,250 boxes Standard direct labor hours 3.50 DLH per box Actual

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The following information is available for Novak's Chocolates: Actual production 2.900 boxes Budgeted production 3,250 boxes Standard direct labor hours 3.50 DLH per box Actual direct labor hours 10,730 Fixed Overhead Standard Actual $5 per direct labor hour $60,375 (a) Prepare the journal entry to record actual fixed overhead costs incurred. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record actual fixed manufacturing overhead) (b) Prepare the journal entry to record the application of fixed overhead to production (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record applied fixed manufacturing overhead) (c) Prepare the journal entry to record the fixed overhead spending and volume variances. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record fixed overhead variances)

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