J&W Corporation manufactures a new electronic game console. The current standard cost sheet for a game console follows:

Direct materials, ? kilograms at $8 per kilogram$ ?per game

Direct labor, 0.75 hours at ? per hour ?per game

Overhead, 0.75 hours at ? per hour ?per game

Total costs $41 per game

Assume that the following data appeared in J&W's records at the end of the past month:

Actual production 60,000units

Actual sales 57,000units

Materials (130,000 kilograms) $1,097,000

Materials price variance 57,000U

Materials efficiency variance 56,000

Direct labor price variance 48,000U

Direct labor (40,000 hours) 728,000

Underapplied overhead (total) 19,800U

There are no materials inventories.

Required:

a.Complete the standard cost sheet for a game console given below. Compute the direct labor efficiency variance.(Do not round intermediate calculations. Round your answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)

Direct Materials 2.05 kilograms at $8 per kg $16.40 per game

Direct Labor, 0.75 hours at _____ per hour _____ per game

Overhead, 0.75 hours at ______ per hour ______per game

Total Costs $41 per game

Direct Labor:

Efficiency variance ___________ F

b.

Assume that all production overhead is fixed and that the $19,800 underapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts?

Overhead:

Actual: _______

Applied:_______