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Rip Tide Company manufactures surfboards. Its standard cost information follows: Rip Tide has the following actual results for the month of June: Required: 1 \& 2. Prepare the journal entries to record the direct materials, drect labor costs and related variances for Rip Tide. Journal entry worksheet Record the entry for direct materials costs and variances. Notel Enter debits before credits. Journal entry worksheet Record the entry for direct labor costs and variance. Note: Enter debits before credits