Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Standard Price Standard Direct materials (clay) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($207,200 80,000 units) 2.0 hrs. Quantity (Rate). 1.5 lbs. $2.00 per 1b. $10.00 per hr. Unit Cont $ 3.00 2.0 hrs. $1.90 per hr. 20.00 3.80 2.59 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 110,000 120,000 $228,000 140,000 $446,000 $ 173,000 $305,000 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.)