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

Direct materials, ? kilograms at $6 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	$	39	per game

Assume that the following data appeared in J&Ws records at the end of the past month.

Actual production		40,000	units
Actual sales		37,000	units
Materials (130,000 kilograms)		?
Materials price variance		55,000	U
Materials efficiency variance		48,000	U
Direct labor price variance		11,600	U
Direct labor (29,000 hours)		522,000
Underapplied overhead (total)		19,600	U

There are no materials inventories.

Required:

a-1. Complete the standard cost sheet for a game console given below. a-2. Prepare a variance analysis for direct materials and direct labor. b. Assume that all production overhead is fixed and that the $19,600 underapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts?

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

Direct materials, ? kilograms at $6 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	$	36	per game

Assume that the following data appeared in J&Ws records at the end of the past month.

Actual production		47,000	units
Actual sales		44,000	units
Materials (113,500 kilograms)		?
Materials price variance		40,000	U
Materials efficiency variance		32,400	U
Direct labor price variance		10,200	U
Direct labor (34,000 hours)		561,000
Underapplied overhead (total)		18,100	U

There are no materials inventories.

Required:

a-1. Complete the standard cost sheet for a game console given below. a-2. Prepare a variance analysis for direct materials and direct labor. b. Assume that all production overhead is fixed and that the $18,100 underapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts?

Complete this question by entering your answers in the tabs below. Req A1 Reg A2 ReqB Complete the standard cost sheet for a game console given below. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Direct materials, Direct labor, 0.75 hours at Overhead, 0.75 hours at Total costs kilograms at $6 per kilogram per hour per hour per game per game per game 39 per game $ Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 ReqB Prepare a variance analysis for direct materials and direct labor. (Do not round intermediate calculations. 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: Price variance Efficiency variance Direct labor: Price variance Efficiency variance Complete this question by entering your answers in the tabs below. Req A1 Reg A2 Req B Assume that all production overhead is fixed and that the $19,600 underapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? Overhead Actual Applied Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Reg B Prepare a variance analysis for direct materials and direct labor. (Do not round intermediate calculations. 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: Price variance Efficiency variance Direct labor: Price variance Efficiency variance Complete this question by entering your answers in the tabs below. Reg A1 Req A2 Reg B Assume that all production overhead is fixed and that the $18,100 underapplied is the only overhead var computed. What are the actual and applied overhead amounts? Overhead Actual Applied