DM & DL variances In December, Sam Antari, president of Antari Inc., received the following information from Denise Sweet, the new controller, in regard to November production of travel bags:

November production	4,800	bags
Actual cost of material purchased and used	$14,550
Standard material allowed	0.5	square yard per bag
Material quantity variance	$600	U
Standard price per yard of material	$6
Actual hours worked	9,760	hours
Standard labor time per bag	2	hours
Labor rate variance	$1,464	F
Standard labor rate per hour	$17

e. Standard prime (direct material and direct labor) cost to produce one travel bag $Answer

f. Actual cost to produce one travel bag in November Note: Round your final answer to two decimal places. $Answer