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Songsu Company is struggling to control costs. We are hired as consultants to determine why the companys actual costs exceed budgeted costs. The Tableau Dashboard

Songsu Company is struggling to control costs. We are hired as consultants to determine why the companys actual costs exceed budgeted costs. The Tableau Dashboard is provided for our analysis.

AQ = Actual Quantity SQ = Standard Quantity AR = Actual Rate SR = Standard Rate 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.

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