11) Bowie Sporting Goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per month, are as follows: Direct material of 4.00 yards at S5.50 per yard Direct labor of 3.00 hours at $19.00 per houir Overhead applied per sleeping bag at $18.00 In the month of April, the company actually produced 5,200 sleeping bags using 27,300 yards of material at a cost of S5.10 per yard. The labor used was 11,700 hours at an average rate of S16.50 per hour. The actual overhead spending was S96,200 Determine the total materials variance and round to the nearest whole dollar. Enter a favorable variance as a negative number. Enter an unfavorable variance as a positive number 12) Bowie Sporting Goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per month, are as follows: Direct material of 5.50 yards at S5.75 per yard Direct labor of 3.00 hours at $19.00 per hour Overhead applied per sleeping bag at $18.00 In the month of April, the company actually produced 5,200 sleeping bags using 27,300 yards of material at a cost of S6.10 per yard. The labor used was 11,700 hours at an average rate of $17.50 per hour. The actual overhead spending was $96,200 Determine the labor rate variance and round to the nearest whole dollar. Enter a favorable variance as a negative number. Enter an unfavorable variance as a positive number