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. Direct Materials Direct Labor Standard Actual 8 Standard Actual 7 $7 $17 6 $6 6 lbs 15 $16 4 lbs 10 5 2 hrs 2.5 hrs 0 0 Pounds Per Unit Price Per Pound Pounds Per Unit Price Per Pound Hours Per Unit Price Per Hour Hours Per Unit Price Per Hour Overhead Standard Costs Overhead Actual Costs $20 $15 Per Hour $10 Overhead Standard Costs Overhead - Actual Costs $20 $15 Rate Per Hour $10 Fixed Overhead S5 $0 Bhrs $169,000 6 hrs Variable Overhead Hours Per Unit 4 hrs 2 hrs Ohrs Fixed Overhead Variable Overhead Actual Units Manufactured |- 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. Answer is complete but not entirely correct. Standard Cost Actual Cost AQ X 12,750 X $ 178,500 X AR $ 14.00 12,750 X SP $ 17.00 SQ 10,200 X SP $ 17.00 X $216.750 $ 173,400 $ (38,250) $43,350 Direct labor rate variance Direct labor efficiency variance Total variable overhead cost variance x $ 38,250 Favorable 43,350 Unfavorable $ 5,100 3 Unfavorable O