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 $5.00 per kilogram)	$ 25.00
Labor	(6 hours $19.50 per hour)	117.00

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	800	units, 70% complete as to direct labor
Units completed	6,400	units
Budgeted output	6,800	units
Purchases of materials	58,000	kilograms
Total actual direct labor costs	$ 750,000
Actual direct labor hours	41,000	hours
Materials usage variance	$ 2,300	Unfavorable
Total materials variance	$ 850	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.

No journal entry required, accounts payable, accounts receivable,accrued payroll,cost of goods sold, depreciation, direct labor efficiency variance, direct labor rate variance, direct materials inventory, direct materials purchase price variance,direct materials usage variance,finished goods inventory, fixed costs, fixed overhead, insurance, manufacturing, rent, salaries, sales commissions, sales revenue, selling and administrative, variable costs, variable overhead, work-in-process inventory

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. (Round your answer to 3 decimal places.) 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 . (If no entry is required for transaction/event, select "No journal entry required" in the first account field.)