Rip Tide Company manufactures surfboards. Its standard cost information follows: ndard Standard Standard Price Quantity (Rate) 10.4 sq. ft. $4.3 per sq. ft. 10.8 hrs. $ 12 per hr. 10.8 hrs. $ 6 per hr. Standard Unit Cost $ 44.72 129.60 Direct materials (fiberglass) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($27,000 - 320 units) 64.80 84.38 Rip Tide has the following actual results for the month of June: Number of units produced and sold Number of square feet of fiberglass used Cost of fiberglass used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 180 5,800 $29,580 1,854 $23,546 $10,382 $26,500 Journal entry worksheet Record the entry for direct materials costs and variances. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Journal entry worksheet