Tableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2, P3 Songsu Co. 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 $7 $17 $6 6lbs J.L. 2.5 hrs 2 hrs Pounds Pe.. Price Pe.. Pounds Pe.. Price Pe.. Hours Pe.. Price Pe.. Hours Pe.. Price Pe.. Tableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2, P3 Songsu Co. 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 $7 $17 $6 6lbs 4 lbs . Standard 4 pounds per unit 2.5 hrs 2 hrs Pounds Pe.. Price Pe.. Pounds Pe.. Price Pe.. Hours Pe.. Price Pe.. Hours Pe.. Price Pe.. ableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2, P3 ongsu Co. is struggling to control costs. We are hired as consultants to dete osts. The Tableau Dashboard is provided for our analysis. Direct Materials Standard Actual Direct Labor Standard Actual S7 $17 $6 6 lbs 4 lbs . ..I N Standard $6 per pound 2.5 hrs 2 hrs Pounds Pe.Price Pe.. Pounds Pe.. Price Pe.. Hours Pe.. Price Pe.. Hours Pe.. Price Pe.. Tableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2, P3 Songsu Co. 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 $ 6 6 $17 lbs 4 lbs Actual 6 pounds per unit 2 hrs 2.5 hrs Pounds Pe.. Price Pe.. Pounds Pe.. Price Pe.. Hours Pe.. Price Pe.. Hours Pe.. Price Pe.. Overhead - Standard Costs $20 $15 Overhead Actual Costs Tableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2, P3 Songsu Co. is struggling to control costs. We are hired as consultants to determine why the company's actual costs exceed! costs. The Tableau Dashboard is provided for our analysis ped Direct Materials Standard Actual Direct Labor Standard Actual Book $17 $6 6lbs 4 lbs Actual $7 per pound Pounds Pe.. Price Pe.. Pounds Pe.. Price Pe.. Hours Pe.. Price Pe. Hours Pe. Price Pe.. eau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2, P3 su Co. is struggling to control costs. We are hired as consultants to determine why the company's actual costs exceed budgeted .. The Tableau Dashboard is provided for our analysis. Direct Materials Standard Actual Direct Labor Standard Actual $17 $6 6 lbs ul.. 2.5 hrs Pounds Pe. Price Pe.. Pounds Pe.. Price Pe.. Hour Hours Pe.. Price Pe.. Standard 2 hours per unit Tableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2, P3 Songsu Co. 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 $17 $6 6lbs Standard $17 per hour 2 hrs Pounds Pe.. Price Pe.. Pounds Pe.. Price Pe.. Hours P. Price Pe.. Hours Pe.. Price Pe.. Tableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2, P3 Songsu Co. 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 $17 $6 6 lbs 4 lbs 2 hrs Pounds Pe.. Price Pe.. Pounds Pe.. Price Pe.. Hours Pe Price Pe. Hours Actual 2.5 hours per unit Tableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2, P3 Songsu Co. 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 $17 $6 6 lbs 2.5 hrs 2 hrs Pounds Pe.. Price Pe.. Pounds Pe.. Price Pe.. Hours Pe.. Price Pe. Actual $14 per hour Hours Overhead - Standard Costs Overhead - Actual Costs Price Per Hour Fleed Overhead $169,000 Fixed Overhead (Standard) $6 per hour Variable Overhead Hours Per Unit 4 hrs 2 hrs Ohrs Fixed Overhead Variable Overhead Overhead - Standard Costs Overhead Actual Costs Price Per Hour Fixed Overhead Variable Overhead (Standard) $12 per hour $169,000 Variable Overhead Hours Per Unit 8 hrs 6hrs 4 hrs 2 burs Ohrs Fixed Overhead Variable Overhead Actual Units Manufactured e to search " FILE Pe... Hours Pe. Price Pe. Overhead - Standard Costs Overhead - Actual Costs Price Per Hour Fixed Overhead $169,000 Hours Per Unit Variable Overhead Ohrs Fixed Over Fixed Overhead (Standard) 2 hours per unit Overhead - Standard Costs Overhead - Actual Costs Price Per Hour Flyed Overhead $169,000 Variable Overhead Hours Per Unit Fixed Overhead Variable Ov Variable Overhead (Standard) 2 hours per unit Overhead - Standard Costs Overhead - Actual Costs Price Per Hour Fred Overhead $169,000 Variable Ovelha Actual Overhead Variable Overhead: $101,000 Hours Per Unit 2 hrs Ohrs Fixed Overhead Variable Overhead Overhead - Standard Costs Overhead - Actual Costs Price Per Hour Fleed Overhead $169,000 Variable Overhead Actual Overhead Fixed Overhead: $68,000 Hours Per Unit Ohrs Fixed Overhead Variable Overhead Overhead - Standard Costs Overhead - Actual Costs Price Per Hour Fleed Overhead $169,000 Variable Overhead Actual Overhead Fixed Overhead: $68,000 Hours Per Unit Ohrs Fixed Overhead Variable Overhead Actual Units Manufactured Actual Units Manufactured: 5,100 units + ableau 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.& 4. Compute the variable overhead variance and fixed overhead variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Complete this question by entering your answers in the tabs below. 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. & 4. Compute the variable overhead variance and fixed overhead variance Indicate whether this cost variance is favorable, unfavorable or no variance. Complete this question by entering your answers in the tabs below........ Req 1 and 2 Reg 3 and 4 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 $ 0 - Rea 1 and 2 Reg 3 and 4 > 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.& 4. Compute the variable overhead variance and fixed overhead variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Complete this question by entering your answers in the tabs below. Req 3 and 4 Req3 Ind 4 Req 1 and 2 Compute the variable overhead variance and fixed overhead variance. Indicate whether this cost variance is favorable, unfavorable or no variance Predetermined OH Standard DL Hours Overhead Costs Applied al Results Variance Fav Unt Variable overhead costs Flved overhead costs Total overhead costs