Hours Per Unit Rate Per Hour 2 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. 8 Direct Materials Standard Actual $7 $6 6 lbs Direct Labor Standard Actual $17 4 lbs 10 15 $14 5 2.5 hrs 2 hrs 0 Pounds Per Unit Price Per Pounds Per Price Per Pound Hours Per Price Per Hours Per Price Per Unit Pound Unit Hour Unit Hour Overhead $20 $15 $10 $5 $0 8 hrs 6 hrs 4 hrs 2 hrs $6 Standard Costs $2 2 2 Overhead - Actual Costs 68,000 Variable Overhead 101,000 Fixed Overhe $169,000 Ohrs Fixed Overhead 69 Variable Overhead Actual Units Manufactured 5,100 Units G g AQ = Actual Quantity SQ = Standard Quantity AR = Actual Rate SR = Standard Rate AP = Actual Price SP = Standard Price 1. & 2. Compute the direct materials price variance and direct materials quantity variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Actual Cost AQ AR x $ 7.00 This is a numeric cell, so please enter numbers only. Price variance Quantity variance Total direct materials variance $ 0 AQ x SP X $ 6.00 0 0 Unfavorable 0 $ 0 Standard Cost SQ x SP x $ 6.00