5 pts Question 3 Coconut Industries uses a standard cost accounting system. During the current year, Coconut records the following variances: Direct materials price variance Direct materials quantity variance Direct labor rate variance Direct labor efficiency variance Variable overhead rate variance Variable overhead efficiency variance $9,500 unfavorable $2,300 unfavorable $3,600 unfavorable $9,000 favorable $2,500 unfavorable $12.500 favorable Prior to closing the variance accounts, Coconut's cost of goods sold at standard costs is $100,000. What is Coconut's cost of goods sold after it closes the variance accounts? Round to the nearest whole dollar and do not enter a dollar sign (e.g., enter 89, not $89.00)