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 (6 kilograms x $6.00 per kilogram) (5 hours $19.20 per hour) $ 36.00 96.00 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 None 760 units, 75% complete as to direct labor 6,300 units 6,700 units 57,000 kilograms Actual direct labor hours. Total actual direct labor costs $ 600,000 33,500 hours $ 2,400 Unfavorable Materials usage variance Total materials variance Required: 1. Compute for November: $ 690 Unfavorable 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 is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 2. Prepare journal entries to record all transactions, including the variances in requirement 1. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Transaction A 1 General Journal Direct materials inventory Direct materials purchase-price variance Accounts payable Debit 342,000 Credit 750 341,310 X