Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows:

	Standard Quantity		Standard Price (Rate)			Standard Unit Cost
Direct materials (clay)	1.5	lbs.	$	1.60	per lb.	$	2.40
Direct labor	1.8	hrs.	$	6.00	per hr.		10.80
Variable manufacturing overhead (based on direct labor hours)	1.8	hrs.	$	1.50	per hr.		2.70
Fixed manufacturing overhead ($251,460 99,000 units)							2.54

Barley Hopp had the following actual results last year:

Number of units produced and sold		119,100
Number of pounds of clay used		160,000
Cost of clay	$	248,000
Number of labor hours worked		164,100
Direct labor cost	$	456,600
Variable overhead cost	$	191,100
Fixed overhead cost	$	320,000

Required: Prepare the journal entry to record Barley Hopps fixed manufacturing overhead costs and related variances for last year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Enter debits before credits.

Record the entry for fixed manufacturing overhead costs and variances.