Question 28 (13 points) Last year, Luxury Leather Goods manufactured 200,000 purses. Luxury Leather Goods uses standard costing and set the following standards for each purse: Calculate the following variances. You will have two answers for each variance. First, the amount of the variance (Enter as a whole number. Do not use dollar signs, parentheses, negative signs, commas, decimal points, etc.). Second, whether the variance is favorable or unfavorable (Enter Favorable or Unfavorable). SHOW YOUR WORK ON A SEPARATE SHEET OF SCRATCH PAPER, TAKE A PHOTO OF THE PAPER AND EMAILIT TO ME IF YOU WANT TO BE ELIGIBLE FOR PARTIAL CREDIT. First, the amount of the variance (Enter as a whole number. Do not use dollar signs, parentheses, negative signs, commas, decimal points, etc.). Second, whether the variance is favorable or unfavorable (Enter Favorable or Unfavorable). SHOW YOUR WORK ON A SEPARATE SHEET OF SCRATCH PAPER, TAKE A PHOTO OF THE PAPER AND EMAIL IT TO ME IF YOU WANT TO BE ELIGIBLE FOR PARTIAL CREDIT. 1. Total labor variance amount 2. Favorable or unfavorable? 3. Direct labor quantity variance amount 4. Favorable or unfavorable? 5. Direct labor cost variance amount 6. Favorable or unfavorable? 7. Variable overhead spending variance amount 8. Favorable or unfavorable? 9. Variable overhead efficiency variance amount 10. Favorable or unfavorable? A A. A. A Question 28 (13 points) Last year, Luxury Leather Goods manufactured 200,000 purses. Luxury Leather Goods uses standard costing and set the following standards for each purse: Calculate the following variances. You will have two answers for each variance. First, the amount of the variance (Enter as a whole number. Do not use dollar signs, parentheses, negative signs, commas, decimal points, etc.). Second, whether the variance is favorable or unfavorable (Enter Favorable or Unfavorable). SHOW YOUR WORK ON A SEPARATE SHEET OF SCRATCH PAPER, TAKE A PHOTO OF THE PAPER AND EMAILIT TO ME IF YOU WANT TO BE ELIGIBLE FOR PARTIAL CREDIT. First, the amount of the variance (Enter as a whole number. Do not use dollar signs, parentheses, negative signs, commas, decimal points, etc.). Second, whether the variance is favorable or unfavorable (Enter Favorable or Unfavorable). SHOW YOUR WORK ON A SEPARATE SHEET OF SCRATCH PAPER, TAKE A PHOTO OF THE PAPER AND EMAIL IT TO ME IF YOU WANT TO BE ELIGIBLE FOR PARTIAL CREDIT. 1. Total labor variance amount 2. Favorable or unfavorable? 3. Direct labor quantity variance amount 4. Favorable or unfavorable? 5. Direct labor cost variance amount 6. Favorable or unfavorable? 7. Variable overhead spending variance amount 8. Favorable or unfavorable? 9. Variable overhead efficiency variance amount 10. Favorable or unfavorable? A A. A. A