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 Standard Actual 8 $7 $17 $6 6 lbs 6 15 $14 4 lbs 4 10 2 5 2.5 hrs 2 hrs 0 0 Price Per Pounds Per Unit Price Per Pound Pounds Per Unit Price Per Pound Hours Per Unit Hours Per Unit Price Per Hour Hour Overhead Standard Costs Overhead - Actual Costs $20 $15 Rate Per Hour $10 Fixed Overhead $5 $169,000 $0 8 hrs 6 hrs Variable Overhead Hours Per Unit 4 hrs 2 hrs Ohrs Fixed Overhead Variable Overhead Actual Units Manufactured # +ableau TO 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. Actual Cost Standard Cost $ 0 $ o $ 0 0