1- Melrose Incorporated uses standard costing. Last period, the direct labor rate variance was $6,000 favorable, and the direct labor efficiency variance was $10,000 unfavorable. In the end-of-period adjusting journal entries to eliminate the variances, the amount debited/credited to Cost of Goods Sold would be a: A) net debit adjustment of $2,000. 2- Tulip Incorporated uses standard costing, and its manufacturing standards are as follows: 19 pounds of materials at $21.5 per pound, and 20 hours of labor at $27 per hour. Budgeted production last period was 6,700 units, and actual production was 6,500 units. Last period, Tulip purchased and used 11,500 pounds of materials for $259,000, and used 16,700 labor hours, costing $162,000. What is the journal entry to record the purchase of materials? 3- Tulip Incorporated uses standard costing, and its manufacturing standards are as follows: 6.0 pounds of materials at $11.4 per pound, and 11 hours of labor at $9.2 per hour. Budgeted production last period was 5,800 units, and actual production was 4,400 units. Last period, Tulip purchased and used 29,800 pounds of materials for $187,000, and used 55,000 labor hours, costing $153,000. What is the journal entry to record direct labor costs to the Work in Process Inventory account