Question: Note - Please provide step-by-step instructions with formulas and calculations. Thanks! 1A Dash Company adopted a standard costing system several years ago. The standard costs

Note - Please provide step-by-step instructions with formulas and calculations. Thanks!

1A

Note - Please provide step-by-step instructionsNote - Please provide step-by-step instructionsNote - Please provide step-by-step instructionsNote - Please provide step-by-step instructions
Dash Company adopted a standard costing system several years ago. The standard costs for the prime costs [i.e., direct mate rials and direct labor} of its single product are: Material [5 kilograms x $6.00 per kilogram: $ 30.00 Labor [5 hours 3 $16.00 per hour} 96.00 All materials are added at the beginning of processing; The following data were taken from the company's records for November: In-proceaa beginning inventory None In-proceaa ending inventory E00 uniter T5! complete as to direct labor Unite completed ?,500 units Budgeted output ?,900 unite Purchases of materials 65,000 kilograms Total actual direct labor costs 5 630,000 Actual direct labor hours 46,200 hours Hateriala usage variance 5 3,500 Unfavorable Total materials variance 5 B40 Unfavorable Journal entry worksheet A B C > Record the entry for the purchase of 69,000 kilograms of materials. Note: Enter debits before credits. Transaction General Journal Debit CreditJournal entry worksheet A A B C > Record the entry for the issue of materials to production. Note: Enter debits before credits. Transaction General Journal Debit Credit 2Journal entry worksheet A A B C Record the entry for direct labor wages and standard direct labor cost incurred for manufacture. Note: Enter debits before credits. Transaction General Journal Debit Credit 3

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