Required information Journal Entries under Standard Costing (Appendix), Posting Journal Entries for Variances (Appendix) (LO 10-6, 10-9) The following information applies to the questions displayed below. Canandaigua Container Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production-engineering staff and the controller. Direct Labor: Direct Material Quantity, 0.18 houduaniy 7 Rate, $9.00 per Price, $0.46 per hour kilogram Actual material purchases amounted to 234,000 kilograms at $0.525 per kilogram. Actual costs incurred in the production of 26,000 units were as follows Direct labor: Direct $46,930 for 4,940 hours $102,375 for 195,000 kilograms material