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Songsu Company is struggling to control costs. We are hired as consultants to determine why...

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Question

Accounting

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

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