Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $81 per unit and variable costs of $35 per unit. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) For Month Ended June 30 Sales Variable costs Contribution margin Fixed costs Flexible Budget Performance Report Flexible Budget Actual Results (11,400 units) Variances Favorable/Unfavorable (11,400 units) $ 21,600 Favorable 357,000 524,400 276,000 291,000 05 Income 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. Direct Materials Standard Actual Direct Labor Standard 8 Actual ik $7 $17 $6 nces 6 6 lbs 15 $14 4 lbs 4 10 2 2 hrs 2.5 hrs 0 Pounds Per Unit Price Per Pound Pounds Per Unit Price Per Pound Hours Per Unit Price Per Hour Hours Per Unit Price Per Hour Overhead Standard Costs Overhead - Actual Costs 2 hrs 2.5 hrs 0 Pounds Per Unit Price Per Pound Pounds Per Unit Price Per Pound Hours Per Unit Price Per Hour Hours Per Unit Price Per Hour Book Overhead - Standard Costs Overhead Actual Costs print $20 rences $15 Rate Per Hour $10 $5 Fred Overhead $0 8 hrs $169,000 6hrs Variable Overhead Hours Per Unit 4 hrs 2 hrs Ohrs Fixed Overhead Variable Overhead tableau Role P 1. Compute the standard cost per unit 2. Compute the total cost variance Indicate whether this cost variance is favorable, unfavorable or no variance. 1 Complete this question by entering your answers in the tabs below. cos Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total $ 0 Required 1 Required 2 > PI #toblou . PO 1. Compute the standard cost per unit. 2. Compute the total cost variance Indicate whether this cost variance is favorable, unfavorable or no variance. Complete this question by entering your answers in the tabs below. Required: Required 2 Compute the total cost variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Cost variance