Porkeville Compony manufactures s single product and started the yesr with no inventories. Selected information about results for the period just ended include the following: Fourteen percent of this period's production hos not been sold. There are never any work-in-process inventories. Required: a. Assume Parkeville writes off all voriances to Cost of Goods Sold. Prepsre the entries the compony would make to record and close out the variances. b. Assume Parkeville prorates all veriances to the appropriate accounts. Prepare the entries the company would make to record and close out the voriances. Complete this question by entering your answers in the tabs below. Assume Parkeville prorates all variances to the appropriate accounts. 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.) Journal entry worksheet B C D E Record the purchase of various variable overhead resources. Note: Enter debits befare credits