200 Standard Use Standard Cost 0.9 yards Leather is $22 per yard 1.3 hours Direct labor is $9.00 per hour 15,000 The actual results for last month were as follows: Number of backpacks produced Direct labor hours incurred Yardis of leather purchased and used in production Cost of leather purchased and used Direct labor cost 18,800 14,500 $306,675 S159,800 Compute the materials quantity variance and indicate it as favorable or unfavorable An acceptable format would be sxx For $xxx.xx. Note there is no space between the amount and the For U. For example