The final amounts were in for Sunland Corp's fixed-MOH costs. The total foxed-MOH costs consisted of $3.300 of insurance (all prepaid), $4,900 in accrued supervisor salaries, $4,600 of factory-related depreciation, and $1.500 in property taxes (paid in cash) Sunland's applied fixed-MOH costs amounted to $15.200 for the year. Further, both fixed-MOH variances were favorable, the price variance being $200 and the volume variance being $700 Record the following journal entries: (1) to recognize the actual fixed-MOH costs incurred, (2) the allocation of fixed-MOH to production, and (3) the final recognition of specific foxed-MOH variances (while closing out the control account). (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. List all debit entries before credit entries) No. Account Titles and Explanation (1) N (3) and Media Debit Credit C

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.