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Please correct my work (SH is wrong) and finish filling out the rest of the excel, all information is provided through pictures Question: Songsu Co.

Please correct my work (SH is wrong) and finish filling out the rest of the excel, all information is provided through pictures

Question: Songsu Co. is struggling to control costs. We are hired as consultants to determine why the companys actual costs exceed budgeted costs. The Tableau Dashboard is provided for our analysis.

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.

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Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance. SH AH 12,750 Actual Cost X IAR X $ 14.00 $ 178,500 AH 12,750 X X $216,750 SR $ 17.00 Standard Cost X 383 X $ 6,511 SR 17.00 $ $ 38,250 210.239 Direct labor rate variance Direct labor efficiency variance Total direct labor variance $ 38,250 Favorable 210,239 Unfavorable Unfavorable 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. Standard DL Hours Overhead Costs Applied Actual Results Predetermined OH Rate | $ 12.00 Variance Fav./Unf. Variable overhead costs Fixed overhead costs Total overhead costs 10,200 Direct Materials Standard Actual Direct Labor Standard Actual $17 $ 6 6 6 lbs lbs $14 4 lbs 2.5 hrs 2 hrs Pounds Per Price Per Pounds Per Price Per Unit Pound Unit Pound Hours Per Unit Price Per Hour Hours Per Unit Price Per Hour Overhead Standard Costs Overhead Actual Costs $20 Actual Overhead $15 (Standard) Variable OH per hour: $12 per hour Price Per Hour (Standard) Fixed OH: $6 per hour BOSS Fixed Overhead Actual Overhead: $68,000 $169,000 hrs hrs Hours Per Unit Variable Overhead Actual Overhead: $101,000 (Standard) Fixed OH: 2hrs per unit.. . (Standard) Variable OH 2hrs per unit O hrs Fixed Overhead Variable Overhead Actual Units Manufactured Actual Units Manufactured: 5,100 units eu Hours Hours ate Dato

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