The following information is available for Chad's Chocolates:

Actual production                  . . . . . . . . . . . . . . .                                    2,800 boxes

Budgeted production            . . . . . . . . . . . . . . .                                    3,200 boxes

Standard direct labor hours . . . . . . . . . . . . . . .                                 3 DM per box

Actual direct labor hours       . . . . . . . . . . . . . . .                                                8,960

Fixed Overhead

Standard Actual                       . . . . . . . . . . . . . . . $5 per direct labor hour $52,000

Required

a. Prepare the journal entry to record actual fixed overhead costs incurred.

b. Prepare the journal entry to record the application of fixed overhead to production.

c. Prepare the journal entry to record the fixed overhead spending and volume variances.