please help to complete this exercise for cost accounting;2

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: Debit Credit Direct Materials Price Variance $13,450 Direct Materials Usage Variance $1,210 Direct Labor Rate Variance 800 Direct Labor Efficiency Variance $12,460 Unadjusted Cost of Goods Sold equals $1,590,000, unadjusted Work i Process equals $306,000, and unadjusted Finished Goods equals $240,000. Required: 1. Assume that the ending balances in the variance accounts are immaterial and prepare the journal entries to close them to Cost of Goods Sold. Note: Close the variances with a debit balance first. If an amount box does not require an entry, leave it blank or enter "O". Cost of Goods Sold 25,910 Direct Materials Price Variance 13.450 Direct Labor Efficiency Variance 12,460 Close variances with debit balance Direct Materials Usage Variance 1.210 Direct Labor Rate Variance 800 Cost of Goods Sold 2,010 Close variances with credit balance What is the adjusted balance in Cost of Goods Sold after closing out the variances? 1,613,900 Feedback 2. What if any ending balance in a variance account that exceeds $8,000 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 $1,060,000, the prime cost in Work in Process is $161,600, and the prime cost in Finished Goods is $130,000. If an amount box does not require an entry, leave blank or enter "0" 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. (a) Direct Materials Usage Variance 1,210 Direct Labor Rate Variance 800 Cost Goods Sold 2,010 (b) Work in Process Finished Goods Cost of Goods Sold Direct Labor Efficiency Variance (c) Work in Process Finished Goods Cost of Goods Sold Direct Materials Price Variance Work in Process (b) Finished Goods Cost of Goods Sold Direct Labor Efficiency Variance IIII IIII (c) Work in Process III IIII Finished Goods Cost of Goods Sold Direct Materials Price Variance Feedback 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 Finished Goods Cost of Goods Sold