Starlight Glassware Company has the following standards and flexible-budget data. Standard variable-overhead rate $ 8.00 per direct-labor hour Standard quantity of direct labor 2 hours per unit of output Budgeted fixed overhead $160,000 Budgeted output 20,000 units Actual results for February are as follows: Actual output Actual variable overhead Actual fixed overhead Actual direct labor 19,000 units $449,000 $154,000 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. Starlight Glassware Company has the following standards and flexible-budget data. Standard variable-overhead rate $ 8.00 per direct-labor hour Standard quantity of direct labor 2 hours per unit of output Budgeted fixed overhead $160,000 Budgeted output 20,000 units Actual results for February are as follows: Actual output Actual variable overhead Actual fixed overhead Actual direct labor 19,000 units $449,000 $154,000 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