View the step-by-step solution to:


I've been looking all over the internet for an example to help me and I'm not having any luck...can you help me

with solving this?

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 gameDirect labor, 0.75 hours at ? per hour ?per gameOverhead, 0.75 hours at ? per hour ?per gameTotal costs$39per game


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


    Actual production 43,000unitsActual sales 40,000unitsMaterials (119,500 kilograms) ? Materials price variance 46,000UMaterials efficiency variance 46,200UDirect labor price variance 21,350UDirect labor (30,500 hours) 521,550 Underapplied overhead (total) 18,700U


There are no materials inventories.



a-1. Complete the standard cost sheet for a game console given below.

a-2. Prepare variance analysis for direct materials and direct labor.

b. Assume that all production overhead is fixed and that the $18,700 underapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts?

Top Answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.


Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question