Check my work Songsu Co. 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. Direct Materials Direct Labor Standard Actual Standard Actual $7 $17 $6 6 lbs 15 $14 4 lbs 2 2.5 hrs 2 hrs Pounds Per Price Per Pounds Per Price Per Hours Per Price Per Hours Per Price Per Unit Pound Unit Pound Unit Hour Unit Hour Overhead Standard Costs Overhead Actual Costs $20 O Overhead Standard Costs Overhead Actual Costs $20 $15 $10 $12 per Fixed Overhead $5 $169,000 $0 8 hrs Variable Overhead 6 hrs 4 hrs lo1,000 2 hr per 2hr 2 hrs Ohrs Fixed Overhead Variable Overhead Actual Units Manufactured 5100units Hours Per Unit Price Per Hour AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate 1. & 2. Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance. 3. & 4. Compute the variable overhead variance and fixed overhead variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 and 4 Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable variance. Actual Cost Standard Cost SR AR SH SR X X X X $ $ 0 0 Direct labor rate variance 0 Direct labor efficiency variance 0 Total direct labor variance AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate 1. & 2. Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance. 3. & 4. Compute the variable overhead variance and fixed overhead variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Complete this question by entering your answers in the tabs below. esiaaasanaia Req 1 and 2 Req 3 and 4 Compute the variable overhead variance and fixed overhead variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Predetermined OH Rate Overhead Costs Standard DL Hours Fav/Unf Actual Results Variance Applied Favorable Unfavorable Variable overhead costs 10,200 Fixed overhead costs Total overhead costs Favorable Req 3 and 4 Req 1 and 2