Journal entry for 1 and 2 needed

Rip Tide Company manufactures surfboards. Its standard cost information follows: Standard Unit Cost $ 88.50 129.00 Standard Quantity 17.7 sq.ft 8.6 hrs. Standard Price (Rate) 5 per sq: ft. $15 per hr Direct materials (fiberglass) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($34,000 290 units) 34.40 $4 per hr 8.6 hrs. 117.24 Rip Tide has the following actual results for the month of June: Number of units produced and sold Number of square feet of fiberglass used Cost of fiberglass used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 180 4,600 $26,680 1,478 $23,057 $ 5,173 $27,500 Required: 1& 2. Prepare the journal entries to record the direct materials, direct labor costs and related variances for Rip Tide. A maintain any ending inventories. (If no entry is required for a transaction/event, select "No Journal Entry Require calculations and round your final answers to nearest dollar amount.) View transaction list Requlred: 1& 2. Prepare the journal entries to record the direct materials, direct labor costs and related variances for Rip Tide. Assume t maintain any ending inventories. (If no entry is required for a transaction/event, select "No Journal Entry Required" In th calculations and round your final answers to nearest dollar amount.) View transaction list Journal entry worksheet