Question: Pls answer remaining 8 parts. The 4 white boxes are incorrect. Pls provide correct answers for those. The Rodriguez Company uses standard costing in its

Pls answer remaining 8 parts. The 4 white boxes are incorrect. Pls provide correct answers for those.

Pls answer remaining 8 parts. The 4 white boxes
The Rodriguez Company uses standard costing in its manufacturing plant for auto parts. The standard cost of a particular auto part, based on a denominator level of 4,400 output units per year, included 5 machine-hours of variable manufacturing overhead at $7 per hour and 5 machine-hours of fixed manufacturing overhead at $16 per hour. Actual output produced was 5,000 units. Variable manufacturing overhead incurred was $240,000. Fixed manufacturing overhead incurred was $385,000. Actual machine-hours were 29,000. Read the requirements. Actual Costs Regardless of Flexible Allocated Incurred Output Level Budget Overhead Fixed OH $ 385,000 $ 352,000 $ 352,000 $ 400,000 Now complete the 4-variance analysis using the amounts you calculated above. (If no variance exists, leave the dollar value blank. Label the variance as favorable (F), unfavorable (U) or never a variance (N).) 4-Variance Spending Efficiency Production-Volume Analysis Variance Variance Variance Variable OH 37,000 U 28,000 U N Fixed OH 33,000 U N 48,000 F Requirement 2. Prepare journal entries using the 4-variance analysis. Record the actual variable manufacturing overhead incurred. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Debit Requirements X Date Accounts Credit i Variable Manufacturing Overhead Control 240,000 Accounts Payable Control and other accounts 240,000 Work-in-Process Control 175000 1. Prepare an analysis of all variable manufacturing overhead and fixed manufacturing overhead variances, using the 4-variance analysis. Variable Manufacturing Overhead Allocated 175000 2. Prepare journal entries using the 4-variance analysis. 3. Describe how individual fixed manufacturing overhead items are controlled from day to day. Choose from any list or enter any number in the input fields and then click Check Answer. ? 4. Discuss possible causes of the fixed manufacturing overhead variances. 8 parts Check Answer remaining Done

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