Parkeville Company manufactures a single product and started the year with no inventories. Selected information about results for the period just ended include the following: Actual fixed manufacturing overhead $1?2,666 Actual variable manufacturing overhead 136,660 Applied fixed manufacturing overhead 266,666 Applied variable manufacturing overhead 134,663 Production volume variance 13,663 F Variable overhead efficiency variance 3,666 F Nine percent of this period's production has not been sold. There are never any workinprocess inventories. Required: 1:. Assume Parkeville writes off all variances to Cost of Goods Sold- Prepare the entries the company would make to record and close out the variances. b. Assume Parkeville prorates all variances to the appropriate accounts. Prepare the entries the company would make to record and close out the variances. Required A Required B Assume Parkeville writes off all variances to Cost of Goods Sold. Prepare the entries the company would make to record and close out the variances. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)\f\fJournal entry worksheet Record the variable overhead variances. Note: Enter debits before credits. Journal entry worksheet Record the closure of fixed overhead. Note: Enter debits before credits. Journal entryr worksheet Record the closure of overhead cost variances to Cost of Geode Sold. Note: Enter debits before credits