Refer to the information in PB9 5 for Dolles Clay
Refer to the information in PB9-5 for Dolles Clay.


Dolles Clay has the following actual results for the past year:
Number of units produced and sold ..... 675,000
Number of pounds of clay used ..... 1,305,000
Cost of clay purchased and used ..... $ 991,800
Number of labor hours worked ..... 337,500
Direct labor cost ............. $3,712,500
Variable overhead cost .......... $ 157,500
Fixed overhead cost ............ $ 505,000

Required:
Prepare the journal entry to record Dolles Clay’s fixed manufacturing overhead costs and related variances for lastyear.
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