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Actual Units Manufactured AQ= Actual Quantity SQ= Standard Quantity AR= Actual Rate SR=StsindardRote SP = Standard Price 1. & 2. Compute the direct materials price

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Actual Units Manufactured AQ= Actual Quantity SQ= Standard Quantity AR= Actual Rate SR=StsindardRote SP = Standard Price 1. \& 2. Compute the direct materials price variance and direct materials qusntity variance. Indicate whether this cost variance is favorable, unfavorable or no vatiance. Songsu Company is struggling to control costs. We are hired as consultants to determine why the company's actual costs exceed budgeted costs. The Tableau Dashboard is provided for our analysis. Overhead - Standard Costs Overhead - Actual Costs Actual Units Manufactured AQ=ActualQuantitySQ=StandardQuantityAR=ActualRateSR=StandardRateAP=ActualPriceSP=StandardPrice 1. \& 2. Compute the direct materials price variance and direct materials quantity variance. Indicate whether this cost variance is favorable, unfavorable or no variance

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