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.] Metro Fashions, 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. Metro Fashions 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. Material Used Lot Number Boxes In Lot Hours Worked (yards) N42 1,100 25.470 4,370 N43 1,800 40.990 7,240 N44 1,100 25,365 3,990 The following additional Information is available: 1. The firm purchased 89,000 yards of material during November at a cost of $102,100. 2. Direct labor during November amounted to $202,800. According to payroll records. production employees were paid $13 per hour. 3. There was no work in process on November 1. During November, lots N42 and N43 were completed. All material was issued for lot N44, which was 90 percent completed as to conversion (l.e., direct labor and overhead). 4. The standard costs for a box of six blouses are as follows: Direct material 23 yards at $ 1.10 $25.30 Direct labor 4 hours at $12.70 50.80 Production 4 hours at $10.00 40.00 overhead Standard cost per $116.10 box