Please reply as soon as possible and clearly state how to do each step.

Post Parts manufactures componehtsGd ir) audio they are preparing financial sttemehis, Th immediate at the beginning of the year that aiiowe 0.25 hours Of hour. During the year, the company produced finished goods inventory showed 15,480 units remaining in the warehouse. any Post used 61,880 hours of Total direct Required: a. and b. What was the direct labor price Variance and the direct i ney Variance for the year? c. Assume Post writes off all variances to Cost of Goods Sold, Piepar the entries Cook w0uld make to record and close out the variances. d. Assume Post prorates all variances to the appropriate accounts. Prepare the entries Post would make to record and close out the variances. Complete this question by entering your answers in the tabs below. Req A and B Req C Req D Assume Post prorates all variances to the appropriate accountsy Prepare the entries Post would make to record and close out the variances. Note: If no entry is required for a transaction/eventelect "No journal entry required" in the first account field. View transaction list Journal entry worksheet Record the closure of direct labor cost: variances. Note: Enter debits before credits, General Journal Event Direct labor efficiency variance Cost of goods sold Finished goods ,inventory Direct labor price variance Clear entry Debit 131,000 15,745 ,005 (edit 147,750 View general journal Req C