DM \& DL variances Green Tee produces 100 percent cotton t-shirts, with the following standard direct material and labor quantities and costs: Actual September production and costs for the company to produce 4,000 t-shirts were as follows: a. What is the standard quantity of material and the standard labor time for September's production? b. Compute the direct material and direct labor variances. Note: Round your answers to the nearest whole dollar. c. Record the year-end adjusting entry to close the material and labor variances, assuming that they are insignificant. Note: Record any multiple debits or any multiple credits in alphabetical order by account name