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: Direct materials: 4 pounds at $4 Direct labor: 0.1 hours at $40 Variable production overhead: 0.4 machine-hours at $20 per hour Total variable costs $ 16.00 4.00 8.00 $ 28.00 Fixed production overhead costs: Monthly budget $818,000 Fixed overhead is applied at the rate of $30 per fixture. Actual production costs: Direct materials purchased and used: 106,900 pounds at $4.40 Direct labor: 2,930 hours at $45.50 $ 470,360 133,315 Variable overhead: 12,100 machine-hours at $19.60 per hour Fixed overhead 237,160 877,000 Required: a. Prepare a cost variance analysis for each variable cost for the River Plant. 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. Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare a fixed overhead cost variance analysis. 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. Total fixed overhead cost variance < Required A Required C >