Amada Company's standard cost system reports this information from its December operations. Standard direct materials cost Direct materials quantity variance Direct materials price variance Actual direct labor cost Direct labor efficiency variance Direct labor rate variance Actual overhead cost Volume variance Controllable variance Required: $ 117,000 3,200 U 800 F 88,100 7,000 F 1,200 U 375,000 11,500 U 8,900 U 1. Prepare December 31 journal entries to record the company's costs and variances for the month for (a) direct materials, (b) direct labor, and (c) overhead. Ignore the journal entry to close the variances. View transaction list Journal entry worksheet Journal entry worksheet Journal entry worksheet 1 2 3 Record overhead costs and variances. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal