Question: can work be shown for A,B, C and D please. Complete this question by entering your answers in the tabs below. What was the direct



Complete this question by entering your answers in the tabs below. What was the direct labor price variance and the direct labor efficiency variance for the year? Note: Indicate the effect of each varlance by selecting \" \\( F \\) \" for favorable, or \"U\" for unfavorable. If there is no effect, do not select either option ussume Post prorates all varlances to the appropriate accounts. Prepare the entries Post would make to record and close out the ariances. fote: If no entry is required for a transaction/event, select \"No joumal entry required\" in the first account fleld. Journal entry worksheet Record the purchase and use of 61,880 hours of direct labor at an actual cost of \\( \\$ 3,241,750 \\) and the transfer to work in process at a standard cost of \\( \\$ 50 \\) per hout: Note: Fnter debits before credits. Issume 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 Journal entry required\" In the first account field. Journal entry worksheet Record the purchase and use of 61,880 hours of direct labor at an actual cost of \\( \\$ 3,241,750 \\) and the transfer to work in ptocess at a standard cost of \\( \\$ 50 \\) per hout. Note: Enter debuts before credits. Post Parts manufactures components used in audio and video systems. The year just ended was Post's first year of operations and they are preparing financial statements. The immediate issue facing Post is the treatment of the direct labor costs. Post set a standard at the beginning of the year that allowed 0.25 hours of direct labor for each unit of output. The standard rate for direct labor is \\( \\$ 50 \\) per hour. During the yeat, the company produced 258,000 units. A count of the ending finished goods inventory showed 15,480 units remaining in the warehouse. There are never any work-in-process inventolies at Post. Post used 61,880 hours of labor. Total direct tabor costs for the year amounted to \\( \\$ 3,241,750 \\). Required: o. ond \\( \\mathrm{b} \\). What was the direct labor price variance and the direct labor efficiency varlance for the year? c. Assume Post writes off all variances to Cost of Goods Sold. Prepare the entries Cook would make to record and close out the variances d. Assume Post prorates all variances to the appropriate accounts. Prepare the entries Post would make to record and close out the variances. Complete this question by entering your answers in the tabs below. Assume Post prorates all variances to the appropriate accounts. Prepare the entries Post would make to record and close out the variances. Note: If no entry is required for a transaction/ovent, select \"No journal entry requlred\" in the first account field
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