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	(5 kilograms $6.00 per kilogram)	$	30.00
Labor	(6 hours $18.50 per hour)		111.00

All materials are added at the beginning of processing. The following data were taken from the companys records for November:

In-process beginning inventory

None

In-process ending inventory

760

units, 75% complete as to direct labor

Units completed

5,800

units

Budgeted output

6,200

units

Purchases of materials

52,000

kilograms

Total actual direct labor costs

$620,000

Actual direct labor hours

36,700

hours

Materials usage variance

$1,800

Unfavorable

Total materials variance

$760

Unfavorable

Required:

1. Compute for November:

a. The direct labor efficiency variance. Is this variance favorable (F) or unfavorable (U)?

b. The direct labor rate variance. Is this variance favorable (F) or unfavorable (U)?

c. The actual number of kilograms of material used in the production process during the month.

d. The actual price paid per kilogram of material during the month, the company calculates the direct materials price variance at point of purchase.

e. The amount of direct materials cost and direct labor cost transferred to the Finished Goods Inventory account.

f. The total amount of direct materials cost and direct labor cost in the Work-in-Process Inventory account at the end of the month.

2. Prepare journal entries to record all transactions, including the variances in requirement 1. ANSWER USING FOLLOWING INFORMATION:

• Record the entry for the purchase of 52,000 kilograms of materials.
• Record the entry for the issue of materials to production.
• Record the entry for direct labor wages and standard direct labor cost incurred for manufacture.

REQUIREMENT 1 ANSWERED BELOW:

a.	Direct labor efficiency variance	$28,120	Favorable
b.	Direct labor rate variance	$58,950	Favorable
c.	Actual number of kilograms	33,100	kg.
d.	Actual price paid per kilogram of material	$5.980
e.	Amount transferred to the finished goods Inventory account	$817,800
f.	Ending inventory at standard cost	$86,070

***REQUIREMENT 1 IS ANSWERED, ANSWERS PROVIDED RIGHT ABOVE. I NEED TO FIGURE OUT HOW TO DO REQUIREMENT 2. THANK YOU!! ***