can you help me with the answers that appear in red thank you

Closing the balances in The Variance Accounts at the End of the Year Yohan Company has the following balance in its direct materials and direct labor variance accounts at year end Debit Credit Direct Material Drie Variance $13,550 Direct Materials Usage Variance $1140 Direct Labor Rate Variance 300 Direct Labor Elndency Valance $12,700 Unadjusted cost of Goods Sold equal $1,510,000, unadjusted Work in Processuals $296,000, and unadjusted Finished Goods us $220.000 Required 1. Assume that the ending balances in the variance accounts are immaterial and prepare the journal entre todose them to cost of Goods sold Moose the wariance with a debit baloncest Il an amount box does not require an entry, leave it blank Contokool 26250 Direct Material Price Variance SV 11.10 Director ticiency Variance 12,700 Chose variances with debit balance Materials and venance Director Rat Vanas COST Goodfald no 11 2. What if any ending balance in a variance account that exceeds $9,000 is considered material? (a) Close the Immaterial variance accounts to cost of Goods Sold. (b) Prorate the largest of the labor variances among cost of Goods Sold, Work in Process, and Finished Goods on the basis of prime costs in these accounts. (c) Prorate the largest of the material variances among cost of Goods Sold, Work In Process, and finished Goods on the basis of prime costs in these accounts: The prime cost in Cost of Goods Sold is $1,050,000, the prime cost in Work In Process is $164,400, and the prime cost in Finished Goods 18 5136,000 If an amount box does not require an entry, leave it blank. Note: Round all interim calculations to three decimal places, and round your final answers to the nearest dollar. Adjust credit entry for rounding to ensure debits equal credits in journal entry. () Direct Materials Usage Variance 1,140 Direct Labor Rate Variance 000 Cost of Goods Sold 1.90 1.546 X 1.279 X 9.875 X 12.700 (b) Work in Process Finished Goods cost of Goods Sold Direct Labor Efficiency Variance (0) Work in Process Hinished Goods Cost of Goods Sold Direct Materials Price Variance 1.650 X 1.365 X 10.535 X 11,5507 What are the adjusted balances in Work in Process, Finished Goods, and cost of Goods Sold after closing out all variances? Adjusted balance Work in Process 299,196 X Finished Goods Cost of Goods Sold 222,644 X 1,530,410 X Feedback