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. 8 Direct Materials Standard Actual $7 $6 6 lbs Direct Labor Standard Actual $17 6 4 4 lbs 15 10 $14 2 5 2.5 hrs 2 hrs 0 0 Pounds Per Unit Price Per Pound Pounds Per Price Per Unit Pound Hours Per Unit Price Per Hour Hours Per Unit Price Per Hour 2 Stand Hours Per Unit Rate Per Hour Overhead - Standard Costs $20 $15 $10 $5 $0 8 hrs 6 hrs 4 hrs 2 hrs O hrs ... Fixed Overhead (Standard) $6 per unit Fixed Overhead (stand) Overhead - Actual Costs Variable Overhead $12 per hour Variable Overhead 2 hour 2 hours per unit per unit Fixed Overhead Variable Overhead Variable Overhead $169,000 Actual Overhead Variable overhead $101,000 Actual Overhead Fixed Overhead $68,000 Fixed Overhead Actual Units Manufactured Actual Units Manufactured: 5,100 units 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 AH X AR $ 12,750 X 14.00 $ 178,500 Direct labor rate variance Direct labor efficiency variance Total direct labor variance Standard Cost AH X SR SH X SR 12,750 X $42.00 x 32 X $32.00 $ $ 1,024 535,500 $ 357,000 $ 534,476 $ 357,000 534,476 Favorable Unfavorable Unfavorable < Req 1 and 2 Req 3 > 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 Favorable