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 joumal entries to record the direct materials, direct labor costs and related variances for Rip Tide. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round Intermediate calculations and round your final answers to nearest dellar amount. Journal entry worksheet Record the entry for direct materials costs and variances. Note: Enter debits before credits. Journal entry worksheet Record the entry for direct labor costs and variance. Note: Enter debits before credits. 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 joumal entries to record the direct materials, direct labor costs and related variances for Rip Tide. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round Intermediate calculations and round your final answers to nearest dellar amount. Journal entry worksheet Record the entry for direct materials costs and variances. Note: Enter debits before credits. Journal entry worksheet Record the entry for direct labor costs and variance. Note: Enter debits before credits