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Can someone Please help me figure out those numbers that are shown incorrect? Please include all work on how to get the numbers. appreciate the

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Can someone Please help me figure out those numbers that are shown incorrect? Please include all work on how to get the numbers. appreciate the help!!

Dash Company adopted a standard costing system several years ago. The standard costs for the prime costs (i.e., direct materials and direct labor) of its single product are: Material Labor (5 kilograms x $6.00 per kilogram) (6 hours x $18.50 per hour) $ 30.00 111.00 All materials are added at the beginning of processing. The following data were taken from the company's records for November In-process beginning inventory In-process ending inventory Units completed Budgeted output Purchases of materials Total actual direct labor costs Actual direct labor hours Materials usage variance Total materials variance None 760 units, 75% complete as to direct labor 5,800 units 6,200 units 52,000 kilograms $ 620,000 36,700 hours $ 1,800 Unfavorable $ 760 Unfavorable Required 1 Required 2 2. Prepare journal entries to record all transactions, including the variances in requirement 1. (If no entry is required transaction/event, select "No journal entry required" in the first account field.) Debit Credit No A Transaction 1 1,898,100 X General Journal Direct materials inventory Direct materials purchase-price variance Accounts payable 2,560 X 308,400 x 2 196,800 Work-in-process inventory Direct materials usage variance Direct materials inventory 1,800 x 197,938 X 1 cT 3 707,070 Work-in-process inventory Direct labor rate variance Direct labor efficiency variance Accrued payroll 58,950 28,120 620,000

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