Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins Its standard cost information follows: Standard Quantity 1.9 lbs. 2. 3 hrs 2.3 hrs. Direct materials (clay) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($255,000 - 100.000 units) Standard Price (Rate) $ 2.10 per lb $13.00 per hr $ 1.70 per he Standard Unit Cost $ 3.99 29.90 3.91 2.55 Barley Hopp had the following actual results last year Number of units produced and sold Humber of pounds of clay used Cost of clay umber of labor hours worked Direct labor cost Variable overhead cost Fived overhead cost 116,500 140,000 5 266,000 156,500 5.720,500 $ 200.500 $320.00 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/even, select "No Journal Entry Required" in the first account field) View transaction lit Journal entry worksheet 720,5 $ 200,see $ 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 Hecord the entry for fixed manufacturing overhead cost and variances Noted before credits General Journal Debit Credit Transaction 1 Rece Cear entry View general journal