Parker Plastic, Incorporated, 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, Prepore the journal entry to record Parker Plastic's direct moterials, direct labor, variable overhead, and fixed overhead costs and retated variances. Assume the company purchases row moterials as needed and does not maintain any ending inventories. For fixed overthead transioctions, assume overheod is applied based on budgeted production. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Required: 1,2,3,84. Prepore the journai entry to record Parker Plastic's direct materials, direct labor, variable overhead, and fixed overhead, costs and related variances. Assume the company purchases raw materials os needed and does not maintain any ending inventories. For fored overhead transactions, assume overhead is applied based on budgeted production. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Journal entry worksheet D Aecord entry for direct materials costs and variances. Fute inter ofists pefars credits