Starlight Glassware Company has the following standards and flexible-budget data. Standard variable-overhead rate Standard quantity of direct labor Budgeted fixed overhead Budgeted output 600 per direct-labor hour hours per unit of -output $100,000 25,000 units Actual results for February are as follows: 20,000 units $310,000 Actual output Actual variable overhead Actual fixed overhead Actual direct labor $ 97,000 50,000 hours Required: Prepare journal entries for the following transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Record the incurrence of actual variable overhead and actual fixed overhead. Add variable and fixed overhead to Work-in-Process Inventory. Close underapplied or overapplied overhead into Cost of Goods Sold. Journal entry worksheet 1 2 3 Record the incurrence of actual variable overhead and actual fixed overhead. Note: Enter debits before credits. Transaction Credit General Journal Production overhead Debit 407,000 Record entry Clear entry View general journal