Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs, Its standard cost information for last year follows: Parker Plastic had the following actual results for the past year: Required: 1., 2., 3., \& 4. Prepare the journal entry to record Parker Plastic's direct materials, direct labor, variable overhead, fixed overhead costs and related variances. Assume the company purchases raw materials as needed and does not maintain any ending inventories. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)