Copland Components manufactures an electronic device for vehicle manufacturing. The current standard cost sheet for a device follows:

Direct materials, ? ounces at $2.80 per ounce	$ ?	per device
Direct labor, 0.40 hours at ? per hour	?	per device
Overhead, 0.40 hours at ? per hour	?	per device
Total costs	$ 30	per device

Assume that the following data appeared in Coplands records at the end of the past month:

Actual production	100,680	units
Actual sales	94,500	units
Materials costs (532,000 ounces)	$ ?
Materials price variance	64,800	U
Materials efficiency variance	80,080	U
Direct labor price variance	19,650	F
Direct labor (39,300 hours)	962,850
Overapplied overhead (total)	26,100

There are no materials inventories.

Required:

a. Prepare a variance analysis for direct materials and direct labor. b. Assume that all production overhead is fixed and that the $26,100 overapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? c. Complete the standard cost sheet for a device given below.