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The River Plant of Carlisle, Incorporated produces a particular metal fixture used in aerospace and maritime industries. The following information is avallable for the last

The River Plant of Carlisle, Incorporated produces a particular metal fixture used in aerospace and maritime industries. The
following information is avallable for the last operating month:
Sklpped
Flxed production overhead costs:
Monthly budget $814,400
Fixed overhead is applied at the rate of $30 per fixture.
Actual production costs:
Required:
a. Prepare a cost varlance analysis for each varlable cost for the River Plant.
b. Prepare a fixed overhead cost varlance analysis.
c.(Appendix) Prepare the journal entrles to record the activity for the last perlod using standard costing. Assume that all
varlances are closed to Cost of Goods Sold at the end of the operating perlod.
Complete this question by entering your answers in the tabs below.
Prepare a cost variance analysis for each variable cost for the River Plant.
Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not
select either option.
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