Rate Per Hour 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 0 4 Standard 8 4 lbs Actual $7 $6 6lbs 15 10 Direct Labor Standard Actual $17 $14 25 2 hrs Pounds Per Unit Price Per Pound Pounds Per Price Per Hours Per Unit Pound Unit Price Per Hour Hours Per Price Per Unit Hour Overhead Standard Costs $20 $15 $10 55 Ha Overhead Actual Costs Fixed Overhead Acti Hours Per Unit Rate Per Hour 0 Pounds Per Price Per Pounds Per Unit Pound Unit 2.5 hrs 2 hrs 0 Price Per Pound Hours Per Unit Price Per Hour Hours Per Unit Price Per Hour Overhead Standard Costs - $20 $15 $10 $5 $0 8 hrs 6 hrs 4 hrs 2 hrs Overhead Actual Costs - Variable Overhead (Standard) $12 per hour Fixed Overhead $169,000 Variable Overhead 0 hrs Fixed Overhead Variable Overhead Actual Units Manufactured Hours Per Unit Rate Per Hour 6 hrs 4 hrs 2.5 hrs 2hrs 0 Pounds Per Unit Price Per Pound Pounds Per Unit Price Per Hours Per Pound Unit Price Per Hour Hours Per Price Per Unit Hour Overhead Standard Costs - $20 $15 Overhead Actual Costs - 6 $10 $5 Fixed Overhead $169,000 8 hrs Fixed Overhead (Standard) $6 per hour Variable Overhead 2 hrs Ohrs Fixed Overhead Variable Overhead ret Huien Manufactured +ableau AQ Actual Quantity SQ-Standard Quantity AR-Actual Rate SR Standard Rate AP Actual Price SP Standard Price Actual Units Manufactured: 5,100 units 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 Standard Cost +ableau AH-Actual Hours SH-Standard Hours AR SR Actual Rate 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. Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Actual Cost Standard Cost +ableau 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. Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable. Overhead variance Actual total overhead Standard overhead applied Overhead variance