Required information [The following information applies to the questions displayed below.] Saskatewan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production-engineering staff and the controller. Direct Labor: Quantity, 0.25 hour Rate, $12.50 per hour Direct Material: Quantity, 4 kilograms Price, $0.60 per kilogram Actual material purchases amounted to 200,000 kilograms at $0.640 per kilogram. Actual costs incurred in the production of 40,000 units were as follows: Direct labor: Direct material: $137,700 for 10,800 hours $108,800 for 170,000 kilograms Required: Post the journal entries prepared above to the appropriate T-accounts below. Be sure to select from the dropdown menu the transaction number associated with each amount posted. Answer is not complete. Direct-Material Purchase Price Variance Raw-Material Inventory 120,000 1. 2. . Work-in-Process Inventory Direct-Material Quantity Variance 2. 3. 3 Accounts Payable Direct-Labor Rate Variance Wages Payable Direct-Labor Efficiency Variance Cost of Goods Sold