The River Plant of Carlisle, Incorporated produces a particular metal fixture used in aerospace and maritime Industries. The following information is available for the last operating month: - The plant produced and sold 29,428 fixtures for $72 each. Budgeted production was 30,000 fixtures. - Standard variable costs per fixture follow: Requlred: a. Prepare a cost variance analysis for each variable cost for the River Plant. b. Prepare a fixed overhead cost variance analysls. c. (Appendix) Prepare the joumal 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. Complete this question by entering your answers in the tabs below. Prepare a fixed overhead cost variance analysis. Note: indicate the effect of each variance by selecting "F. for fovorable, on tU" for unfavorable. If there is no effect, do not select elther option. 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: - The plant produced and sold 29,428 fixtures for $72 each. Budgeted production was 30,000 fixtures. - Standard variable costs per ficture follow: - Flued production overhead costs: Monthly budget $818,000 - Fixed overheod is applied at the rate of $30 per fixture. - Actual production costs: Required: a. Prepare a cost variance analysis for each varlabie cost for the River Plant. b. Preoare a fixed overhead cost variance analvsis. - The plant produced and sold 29,428 fixtures for $72 each. Budgeted production was 30,000 flxtures. - Standard variable costs per fixture follow: Required: a. Prepare a cost variance analysis for each variable cost for the Rlver Plant. b. Prepare a fixed overhead cost variance analysis. c. (Appendix) Prepare the joumal entries to record the activity for the tast period using standard costing. Assume that al variances are closed to Cost of Goods Sold at the end of the operating period