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 Data Visualization 4 lbs 4 10 2 2 hrs 2.5 hrs 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 12 $15 Rate Per Hour $10 6 Fixed Overhead $5 $0 $169,000 8 hrs 6 hrs Variable Overhead Hours Per Unit 4 hrs 2 h 21 2 hrs 2 Ohrs Fixed Overhead Variable Overhead Actual Units Manufactured 5100 AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate 1. & 2. Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance. 3. Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Actual Cost Standard Cost AH AR AH SH SR SR $ 17.00 12,750 $ 14.00 12,750 10,200 X $ 17.00 $ 178,500 $216,750 $173,400 $ 38,250 $ 43,350 Direct labor rate variance $ 38,250 Favorable 43,350 Unfavorable Direct labor efficiency variance Total direct labor variance $ 5,100 Unfavorable Req 1 and 2 Req3 Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable. Overhead variance: Actual total overhead Standard overhead applied Overhead variance 14,600 Favorable