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REQUIRED 2: Compute the total cost variance. Indicate whether this cost variance is favorable, unfavorable or no variance. REQUIRED 1: Tableau DA 23.1: Quick Study,
REQUIRED 2: Compute the total cost variance. Indicate whether this cost variance is favorable, unfavorable or no variance.
REQUIRED 1:
Tableau DA 23.1: Quick Study, Standard unit cost and total cost variance LO P2 Songsu Co. La 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 Labor Direct Materials Standard Actual Standard Actual $7 $17 55 15 10 2 hrs 2.5 hrs Pounds Per Unit Price Per Pound Pounds Per Unit Hours Per Price Per Pound Hours Per Unit Price Per Hour Price Per Hour Overhead - Standard Costs Overhead - Actual Costs 520 $15 PricePer Hour $10 Fixed Overhead 95 $0 Bhrs $169,000 6hrs Variable Overhere Hours Par Unit 4 hrs 2 hrs Fixed Overhead Variable Overhead Actual Units Manufactured tableau 1. Compute the standard cost per unit 2 Compute the total cost variance. Indicate whether this cost variance is isvorable, unfavorable or no variance. Complete this question by entering your answers in the tabs below. Paduired 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total Required 1 Required 2 > Tableau DA 23.1: Quick Study, Standard unit cost and total cost variance LO P2 Songsu Co. La 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 Labor Direct Materials Standard Actual Standard Actual $7 $17 55 15 10 2 hrs 2.5 hrs Pounds Per Unit Price Per Pound Pounds Per Unit Hours Per Price Per Pound Hours Per Unit Price Per Hour Price Per Hour Overhead - Standard Costs Overhead - Actual Costs 520 $15 PricePer Hour $10 Fixed Overhead 95 $0 Bhrs $169,000 6hrs Variable Overhere Hours Par Unit 4 hrs 2 hrs Fixed Overhead Variable Overhead Actual Units Manufactured tableau 1. Compute the standard cost per unit 2 Compute the total cost variance. Indicate whether this cost variance is isvorable, unfavorable or no variance. Complete this question by entering your answers in the tabs below. Paduired 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total Required 1 Required 2 >Step by Step Solution
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