cuny STUDENTS g significant memory. Closing it may improve the ess of your Mac Check my work mode: This shows what is correct or incorect for the work you have completed so far. It does not indicate completion. Return to question Problem 10-16 Comprehensive Variance Analysis [LO10-1, LO10-2, LO10-3] Highland Company produces a lightweight backpack that is popular with college students. Standard variable costs relating to a single backpack are given below Standard Quantity or Rate .00 per yard nanufactur ing overhead Total standard cost per unie Overhead is applied to production on the basis of direct labor-hours. During March, 780 backpacks were manufactured and sold Selected information relating to the month's production is given below variable Materiala Direct Manafactaring al lowed* 15.600 13,104 33 312 Actusl costs incurzed 55.491 790 u Materials quantity variance Labor Labor efficiency variance variable overhead etficiency variance For the month's production C Prev 4o6Next 5 7 8 9 0