The following information is for the year ended December 31 : The company had no beginning inventories and no ending Work-in-Process (WP) Inventory. It applies manufacturing overhead at 80% of standard direct labor cost. Required: 1. Compute the amount of Direct Materials Price Variance to be prorated to Finished Goods Inventory at December 31. 2. Compute the total amount of direct materiais cost in the Finished Goods Inventory at December 31, after all materials variances have been prorated. 3. Compute the total amount of direct labor cost in the Finished Goods Inventory at December 31, after all variances have been prorated. 4. Compute the total Cost of Goods Sold (CGS) for the year ended December 31, after all variances have been prorated. (For all requirements, round your intermediate calculations and final answers to the nearest whole dollar amount.)