3.What are the adjusted balances in Work in Process, Finished Goods, and Cost of Goods Sold after closing out all variances?

Closing the Balances in The Variance Accounts at the End of the Year Yohan Company has the following balances in its direct materials and direct labor variance accounts at year-end: Unadjusted Cost of Goods Sold equals $1,500,000, unadjusted Work in Process equals $236,000, and unadjusted Finished Goods equals $180,000. Required: What is the adjusted balance in Cost of Goods Sold after closing out the variances? $126,000. If an amount box does not require an entry, leave it blank. Round all interim calculations to four decimal places, and round your final answers to the nearest dollar