The following information is available for Chad’s Chocolates:
Actual production....... 2,800 boxes
Budgeted production ...... 3,200 boxes
Standard direct labor hours... 3 DLH per box
Actual direct labor hours.... 8,960
Fixed Overhead
Standard .......... $5 per direct labor hour
Actual........... $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.