At the end of January, the management accountant for XYZ Ltd. journalized the company's Fixed Manufacturing Overhead (FMOH) variances for the month. Flexible and static budget FMOH for the month was $124,700 while the actual FMOH costs were $97,500. How should the accountant record the variance in the journal entry? The accountant should credit the FMOH Production Volume Variance account for $27,200 The accountant should wait for their external auditors to find the difference and make a recommendation The accountant should debit the FMOH Rate Variance account for $27,200 The accountant should credit the FMOH Rate Variance account for $27,200 The accountant should debit the FMOH Production Volume Variance account for $27,200