Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows:

	Standard Quantity		Standard Price (Rate)			Standard Unit Cost
Direct materials (clay)	1.4	lbs.	$	1.60	per lb.	$	2.24
Direct labor	1.9	hrs.	$	7.00	per hr.		13.30
Variable manufacturing overhead (based on direct labor hours)	1.9	hrs.	$	1.30	per hr.		2.47
Fixed manufacturing overhead ($238,760 94,000 units)							2.54

Barley Hopp had the following actual results last year:

Number of units produced and sold		112,600
Number of pounds of clay used		100,000
Cost of clay	$	150,000
Number of labor hours worked		157,600
Direct labor cost	$	481,600
Variable overhead cost	$	180,100
Fixed overhead cost	$	310,000

Required: Prepare the journal entry to record Barley Hopps 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.)