Baggage, Inc. produces hand bags. Baggage has developed a static budget for the month of July based on 10,000 direct labor hours. During the quarter, the actual activity was 12,000 direct labor hours. Data for July are summarized as follows: Static budget (10,000 hours) Actual costs (12,000 hours) Direct materials cost $ 86,000 $108,000 Direct Labor Cost 30,000 37,000 Salary of plant supervisor 7,000 7,000 Total $123,000 $152,000 What is the flexible budget variance for July? Also is the variance favorable or unfavorable? You will have 2 correct answers based on the 2 questions for this