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 ($224,400 = 88,000 units) Standard Quantity 1.3 lbs. 2.1 hrs. 2.1 hrs. Standard Price (Rate) $ 1.80 per Ib. $12.00 per hr. $ 1.80 per hr. Standard Unit Cost $ 2.34 25.20 3.78 2.55 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 115,200 120,000 192,000 150,200 591,200 192,200 300,000 $ $ $ 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 Record the entry for fixed manufacturing overhead costs and variances. Note: Enter debits before credits. Transaction Credit Debit 269,568 General Journal Cost of Goods Sold Fixed Overhead Spending Variance Fixed Overhead Volume Variance Cash or Accounts Payable