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Post Parts manufactures components used in au io and video S the year just ended was Post's first year of operations and they are preparing financial statements. The immediate iSS1) Oste the treatment of the direct labor costs. Post set a standard at the beginning of the year that of remaining in the warehouse. There are orle O es at Post; Post used 61,880 hours of labore Total direct labor costs for the year amounted to $3 241,750 Required: a. and b. What was the direct labor price variance and the direc! o y ariance for the year? c. Assume Post writes off all variances to Cost Goods Soja prepare the entries Cook would make to record and close out the variances. d. Assume Post prorates all variances to the appropriate account' epar the eotneS' Post would make to record and close out the variances. Complete this question by entering your answers on the tabs belo Req C Req A and B Req D Assume Post writes off all variances to Cost of Goods Sold. Prepare the entries Cook would make to record and close out the variances. Note: If no entry is required for a transaction/event, select "No Or I entry required" in the first account field. View transaction list Journal entry worksheet Record the purchase and use of 61,880' hour"! airec abo a ao al cost ta of $3,241,750 and the transfer to work n p oce at per hour. Note: Enter debits before creditstjq Event Record entry General Journal Clear entry Debit View general journal