Yohan Company has the following balances in its direct materials and direct labor variance accounts at year-end: Debit Credit Direct Materials Price Variance $1,000 Direct Materials Quantity Variance $2.000 Direct Labor Rate Variance $500 Direct Labor Efficiency Variance $3,000 Unadiusted Cost of Goods Sold equals $200,000. Which of the following would be FALSE when the year-end closing.entry is made? The Cost of Goods Sold account will be debited The Direct Labor Rate Variance account will be debited. The Direct Materials Price Variance account will be credited Adjusted Cost of Goods Sold will be $19,500