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)	1.3	lbs.	$	2.00	per lb.	$	2.60
Direct labor	1.8	hrs.	$	8.00	per hr.		14.40
Variable manufacturing overhead (based on direct labor hours)	1.8	hrs.	$	1.20	per hr.		2.16
Fixed manufacturing overhead ($242,250 95,000 units)							2.55

Barley Hopp had the following actual results last year:

Number of units produced and sold		113,900
Number of pounds of clay used		140,000
Cost of clay	$	252,000
Number of labor hours worked		158,900
Direct labor cost	$	563,900
Variable overhead cost	$	185,900
Fixed overhead cost	$	315,000

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.)