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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 budgetec costs. The Tableau Dashboard

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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 budgetec costs. The Tableau Dashboard is provided for our analysis. Direct Materials Price Per Unit Price Per Pound Standard 4lbs per unit $6 per pount Actual 6lbs per unit $7 per pound Direct Labor Hours Per Unit Standard 2 hours per unit Actual 2.5 hours per unit Price per Hour $17 per hour $14 per hour Overhead - Standard Costs Fixed Overhead Variable Overhead Price Per Hour $6 per hour $12 per hour Hours Per Unit 2 hours per unit 2 hours per unit Overhead - Actual Costs Variable Overhead $101,000 Fixed Overhead $68,000 Total Overhead $169,000 Actual Units Manufactured Actual Units Manufactured 5,100 units 1. Compute the standard cost per unit. 2. Compute the total cost variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total $ Required 1 Required 2 Compute the total cost variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Total cost variance

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