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
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Overhead Standard Costs
Overhead Actual Costs
Actual Units Manufactured
View on Tableau Public
Actual Quantity
Standard Quantity
Actual Rate
Standard Rate
Actual Price
Standard Price
& 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.
tableActual Cost,,,,,,,,Standard CostAR
