r 1 Record the entry for fixed manufacturing overhead costs and variances. Note: Enter debits before credits. + Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal 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) Fixed manufacturing overhead ($235,000 = 94,000 units) Standard Standard Price Standard Quantity (Rate) Unit Cost 1.8 lbs. $ 1.60 per lb. $ 2.88 1.8 hrs. $10.00 per hr. 18.00 1.8 hrs. $ 2.00 per hr. 3.60 2.50 Barley Hopp had the following actual results last year: 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 Fixed overhead cost 116,500 200,000 $ 280,000 156,500 $ 572,500 $ 212,500 $ 305,000