Problem 10-45 Variances; Journal Entries; Missing Data (Appendix) (LO 10-3, 10-6, 10-9) Aquafloat Corporation manufactures rafts for use in swimming pools. The standard cost for material and labor is $90.00 per raft. Thi includes 8 kilograms of direct material at a standard cost of $6.00 per kilogram, and 6 hours of direct labor at $7.00 per hour. The following data pertain to November. N Work-in-process inventory on November 1: none. Work-in-process inventory on November 30: 750 units (80 percent complete as to labor; material is issued at the beginning of processing). Units completed: 5,800 units. . Purchases of materials: 50,200 kilograms for $298,690. Total actual labor costs: $278,240. Actual hours of labor: 37,600 hours. Direct-material quantity variance: $1,800 unfavorable. Required: 1. Compute the following amounts. a. Direct-labor rate variance for November. b. Direct-labor efficiency variance for November. c. Actual kilograms of material used in the production process during November. d. Actual price paid per kilogram of direct material in November. e. Total amounts of direct-material and direct-labor cost transferred to Finished-Goods Inventory during November. f. The total amount of direct-material and direct-labor cost in the ending balance of Work-in-Process Inventory at the end of November 2. Prepare journal entries to record the following: a. Purchase of raw material and rate variance. b. Adding direct material to Work-in-Process Inventory and efficiency variance. c. Adding direct labor to Work-in-Process Inventory and labor variances. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 1D Req 1E Req 1F Req 2 Compute the direct-labor rate variance for November. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance). Round intermediate calculations to 2 decimal places.) Direct-labor rate variance Req 1A Req 1B >