Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Quantity 1.8 lbs. 2.5 hes Direct materials (clay) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead (5212,38002,000 units) Standard Price Standard (Rate) Unit Cost $ 2.10 per 10 $ 3.28 $12.00 per hr 38.00 $ 1.39 per he 3.25 2.59 2.5 hrs 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 $ 240,000 145,200 $529,200 $ 160,200 $300,000 Required: Prepare the journal entry to record Barley Hopps foxed 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.)