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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 Actual Direct Labor Standard Actual $17 $6 lbs Pounds Pe.. Price Pe.. Pounds Pe. Price Pe.. Hours Pe.. Price Pe.. Hours Pe.. Price Pe.. Overhead - Standard Costs Overhead - Actual Costs $20 Price Per Hour Fixed Overhead $169,000 Variable Overhead Hours Per Unit 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 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 (54) (51) 36 (69) $ Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total cost variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Total cost variance $ 101,000 Unfavorable 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 Actual Direct Labor Standard Actual $17 $6 lbs Pounds Pe.. Price Pe.. Pounds Pe. Price Pe.. Hours Pe.. Price Pe.. Hours Pe.. Price Pe.. Overhead - Standard Costs Overhead - Actual Costs $20 Price Per Hour Fixed Overhead $169,000 Variable Overhead Hours Per Unit 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 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 (54) (51) 36 (69) $ Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total cost variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Total cost variance $ 101,000 Unfavorable
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