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

Prev.

$14$ of $14$

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Overhead $$ Standard Costs

Overhead $-$ Actual Costs

Actual Units Manufactured

View on Tableau Public

$AQ=$ Actual Quantity

$SQ=$ Standard Quantity

$AR=$ Actual Rate

$SR=$ Standard Rate

$AP=$ Actual Price

$SP=$ Standard Price

& $2.$ 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.

$\backslash$table$[[$Actual Cost,,,,,,,,Standard Cost$],[AQ,x,$AR $V,,,AQ,0,x,SP,,SQ,vv,x,SP$