k 9 Saved Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Direct materials (clay) Direct labor Variable manufacturing overhead (based on direct labor hours) Pixed manufacturing overhead ($253,820 + 98,000 units) Standard Standard Price Standard Quantity (Rate) Unit Cost 1.3 lbs. $ 2.00 per lb. $ 2.60 2.3 hrs. $15.00 per hr. 34.50 2.3 hrs. $ 1.20 per hr. 2.76 ed 2.59 Barley Hopp had the following actual results last year: ok ences 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 Pixed overhead cost 117,800 140,000 $ 259,000 162,800 $ 846,800 $ 185,300 $ 330,000 Required: Prepare the journal entry to record Barley Hopp's fixed manufacturing overhead costs and related variances for last year. (If no ent required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal at View transaction list Journal entry worksheet