Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Direct materials (Clay) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($215,040 = 84,000 units) Standard Quantity 1.8 lbs. 2.1 hrs. 2.1 hrs. Standard Price (Rate) $ 2.10 per lb. $10.00 per hr. $ 1.80 per hr. Standard Unit Cost $ 3.78 21.00 3.78 2.56 Barley Hopp had the following actual results last year Number of units produced and sold Number of pounds of clay used Cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 112,600 180,000 $ 333,000 147,600 $ 511,600 $ 189,600 $ 320,000 Required: Prepare the journal entry to record Barley Hopp's 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.) View transaction list Journal entry worksheet