Yohan Company has the following balances in its direct materials and direct labor variance accounts at year-end:

	Debit	Credit
Direct Materials Price Variance	$13,950
Direct Materials Usage Variance		$1,300
Direct Labor Rate Variance		830
Direct Labor Efficiency Variance	$12,760

Unadjusted Cost of Goods Sold equals $1,590,000, unadjusted Work in Process equals $256,000, and unadjusted Finished Goods equals $270,000.

2. What if any ending balance in a variance account that exceeds $10,000 is considered material? (a) Close the immaterial variance accounts to Cost of Goods Sold. (b) Prorate the largest of the labor variances among Cost of Goods Sold, Work in Process, and Finished Goods on the basis of prime costs in these accounts. (c) Prorate the largest of the material variances among Cost of Goods Sold, Work in Process, and Finished Goods on the basis of prime costs in these accounts. The prime cost in Cost of Goods Sold is $1,050,000, the prime cost in Work in Process is $164,400, and the prime cost in Finished Goods is $132,000. If an amount box does not require an entry, leave it blank or enter "O" Round all interim calculations to four decimal places, and round your final answers to the nearest dollar. What are the adjusted balances in Work in Process, Finished Goods, and Cost of Goods Sold after closing out all variances? Adjusted balance Work in Process Finished Goods Cost of Goods Sold