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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 operating month: - The plant produced and sold 27,876 fixtures for $72 each. Budgeted production was 30,000 fixtures. - Standard variable costs per fixture follow: - Fixed production overheod costs: Monthly budget 5811,200 - Fixed overhead is applied at the rate of $30 per fixture. - Actual production costs Required: a. Prepare a cost variance analysis for each variable cost for the River Plant b. Prepare a fored overhead cost variance analysis. c. (Appendix) Prepare the journal entries to record the octivity 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. 3. Prepare a cost vanance analysis tor each variadie cost ror the kiver Mant. 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. 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. 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. 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 eiffect, do not select either option. (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. Note: If no entry is required for a transactionvevent, select "No joumal entry required" in the first account field. Journal entry worksheet Record entry for direct material costs payable and material variances. Note: Cnter debes before credts