Problem 16-71 (hiya) Find Actual and Budget Amounts from Variances {LO 16-5, 6) Jaw Corporation manufactures a new electronic game console. The current standard cost sheet for a game console follows. Direct materialsI '? kilograms at $6 per kilogram $ 2 per game Direct labor, 0.1'5 hours at ? per hour ' per game Overhead, 0.?5 hours at '2 per hour ? per game Total costs $42 per game Assume that the following data appeared in J&W's records at the end of the past month. Actual production 40,000 units Actual sales 3?,D units Materials {126,560 kilograms) ? Materials price variance 53,000 [1' Materials efficiency variance 51,000 U Direct lab-or price variance 11,600 [1' Direct lab-or [29,000 hours] 516,2\") Underapplied overhead (total) 19,400 [I 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 $19,400 underapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? Req Al Req A2 Req B 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, 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 $ 42 per game Assume that all production overhead ls xed and that the $19,400 underapplled Is the only overhead variance that can be computed. what are the actual and applied overhead amounts