Copy of Vega Company has developed the following standard costs for its product for 2016 : VEGA COMPANY Standard Cost Card Actual results for 2016 are as follows: - 26,000 units of Product A were produced. - Actual direct labor costs were $630,800 for 76,000 direct labor hours worked - Actual direct materials purchased and used during the year oost $283,500 for 105,000 pounds - Actual variable ovechead incurred was $130,000 and actual fixed overhead incurred was $170,000. - STANOAPD OUANTITY iN POUNOS is 26,00974=104000 poUNDS - STMNDAGD roUnS i5 2n,000' 3 - 78,000 oECT LABOA HOUAS Instructions Uning seratch paper, oompute the following vaninces. Input the answer along weh either favorabie or unfavorable in the chart for each variance. Do NOT use dollar signs