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Songsu Co. is struggling to control costs. We are hired as consultants to determine why the company's actual costs exceed budgeted costs. The Tableau Dashboard
Songsu Co. 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 L Actual Direct Labor Standard Actual $7 $17 $6 6 lbs $14 4 lbs 2.5 hrs 2 hrs Pounds Pe.. Price Pe.. Pounds Pe.. Price Pe.. Pounds Pe. Price Hours Pe.. Price Pe.. Hours Pe.. Price Pe.. Overhead Standard Costs Overhead Actual Costs $20 $15 Price Per Hour Fixed Overhead $169,000 $0 8 hrs 6 hrs Variable Overhead Hours Per Unit 4 hrs 2 hrs 0 hrs Fixed Overhead Variable Overhead Actual Units Manufactured ** tabla AQ = Actual Quantity SQ = Standard Quantity 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 Standard Cost $ 0 $ 0 Direct labor rate variance 0 Direct labor efficiency variance Total direct materials variance
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