7 Part 3 of 3 Case 10-49 Direct-Material and Direct-Labor Variances; Job-Order Costing; Journal Entries (Appendix) (LO 10-1, 10-3, 10-6, 10-9) [The following information applies to the questions displayed below.] European Styles, Inc., manufactures women's blouses of one quality, which are produced in lots to fill each special order. Its customers are department stores in various cities. European Styles sews the particular stores' labels on the blouses. During November, the company worked on three orders, for which the month's job-cost records disclose the following data. 14 oints Lot Number 22 23 24 Boxes in Lot 1,000 Material Used (yards) Hours Worked 24,140 3,970 1,700 40,330 1,200 28,875 6,840 3,860 Skipped eBook References The following additional information is available: 1. The firm purchased 84,000 yards of material during November at a cost of $110,200. 2. Direct labor during November amounted to $161,370. According to payroll records, production employees were paid $11.00 per hour. 3. There was no work in process on November 1. During November, lots 22 and 23 were completed. All material was issued for lot 24, which was 80 percent completed as to direct labor. 4. The standard costs for a box of six blouses are as follows: