PA9-3 (Static) Preparing Journal Entries to Record Direct Materials, Direct Labor, Variable Manufacturing Overhead Variances [LO 9-S2] Barley Hopp, Incorporated, manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Barley Hopp had the following actual results last year: Required: 1 \& 2. Prepare the journal entries to record the direct materials, direct labor and related variances for Barley Hopp. Assume the company purchases direct materials as needed and does not maintain any ending inventories. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field