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Dash Company adopted a standard costing system several years ago. The standard costs for the prime costs ( i . e . , direct materials
Dash Company adopted a standard costing system several years ago. The standard costs for the prime costs ie direct materials and direct labor of its single product are:
Material
kilograms $ per kilogram
Labor
hours $ per hour
$
All materials are added at the beginning of processing. The following data were taken from the company's records for November:
Inprocess beginning inventory
Inprocess 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
units, complete as to direct labor
units
units
kilograms
$
hours
$ Unfavorable
$ Unfavorable
Compute the actual price paid per kilogram of material during the month the company calculates the direct materials price variance at point of purchase
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