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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
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 Standard Actual Direct Labor Standard Actual 8 $7 $17 $6 6 lbs 6 15 $14 4 lbs 10 2 5 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 $15 Rate Per Hour $10 S5 Actual Overhead Fixed Overhead: $68,000 $169,000 SO 8 hrs 6hrs Variable Overhead 4 hrs 4hrs Hours Per 2 hrs Ohrs Fixed Overhead Variable Overhead Actual Units Manufactured Actual Units Manufactured: 5,100 units Check my 6 hrs Variable Ovelhead Hours Por Unit 4hrs 2 hrs Ohrs Actual Overhead Variable Overhead $101.000 Fored Overhead Variable Overhead Actual Units Manufactured +ableau DB AH-Actual Hours SH - Standard Hours AR-Actual Rate SR - Standard Rate 1. & 2 Compute the direct sborrate variance and direct labor efficiency variance. Indicate whether this cost variance in 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. R1 and 2 R Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no Variance, Actual Cost atandard Cost Complete this question by entering your answers in the tabs below. Red 1 and 2 Reg 3 Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable. Overhead variance: Actual total overhead Standard overhead applied Overhead variance
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