PLEASE I NEED HELP WITH THIS QUESTION, THIS IS THE 3RD TIME IM POSTING THIS AND THE ANSWERS IM RECEIVING FROM TUTORS ARE WRONG

X Answer is complete but not entirely correct. 1 . Direct materials price variance $ 17,250 X 2. Direct materials cost $ 137,310 X 3. Direct labor cost $ 146,978 X 4. Cost of goods sold $ 1,262, 125 XQ Answer is complete but not entirely correct. 1. Direct materials price variance , 2. Direct materials cost 101,200 9 Cost of goods sold 1,934,123 9 Butrico Manufacturing Corporation uses a standard cost system, records materials price variances when direct materials are purchased, and prorates all variances at yearend Variances associated with direct materials are prorated based on the balances of direct materials in the appropriate accounts, and variances associated with direct labor and manufacturing overhead are prorated to Finished Goods Inventory and to Cost of Goods Sold (COGS) on the basis of the relative direct labor cost in these accounts at year end. The following information is for the year ended December 31: The company had no beginning inventories and no ending Work-in-Process (WIP) Inventory It applies manufacturing overhead at 80% of standard direct labor cost. Finished goods inventory at 12/31: Direct materials $ 100,050 Direct labor 150,075 Applied manufacturing overhead 120,060 Direct materials inventory at 12/31 65,500 Cost of goods sold for the year ended 12/31: Direct materials $ 400,200 Direct labor 850,425 Applied manufacturing overhead 680,340 Direct materials price variance (unfavorable) 11,500 Direct materials usage variance (favorable) 17,250 Direct labor rate variance (unfavorable) 23,000 Direct labor efficiency variance (favorable) 5,750 Actual manufacturing overhead incurred 793,500 Requhed: 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 materials costin the Finished Goods Inventory at December 31, after all materials variances have been prorated; 3' Compute the total amount of direct labor costin the Finished Goods Inventory at December 31, after all variances have been prorated. 4' Compute the total Cost of Goods Sold (COGS) for the year ended December 31, after all variances have been proratedi (For all requirements, round your final answers to the nearest whole dollar amount.)